Jefferies maintains Genentech at buy

Genentech, Inc. was maintained at buy and a $100 price target by Jefferies & Co. Inc. analyst Adam Walsh after data presented at the American Society for Clinical Oncology shows robust Tykerb data in Herceptin failures. Shares of the South San Francisco, Calif.-based pharmaceutical company were down $2.00, or 2.43%, at $80.29 on volume of 3,004,690 shares versus the three-month running average of 3,537,690 shares. (NYSE: DNA).

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