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Market, Policy Trends Are Shifting In Illumina's Favor, Morgan Stanley Says In Upgrade
Tuesday, August 7, 2018 - 11:43am | 397The bearish case for Illumina, Inc. (NASDAQ: ILMN) has come to an end for four key reasons, according to Morgan Stanley. The Analyst Analyst Steve Beuchaw upgraded Illumina from Underweight to Equal-weight with a price target lifted from $210 to $320. The Thesis Illumina stands to benefit from...
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Illumina Reported Its Fastest Top-line Growth Since 2015
Wednesday, October 25, 2017 - 9:47am | 303Analysts at Baird turned bullish on Illumina, Inc. (NASDAQ: ILMN) in reaction to the company's third-quarter earnings report in which revenue grew at its fastest pace since the fourth quarter of 2015. Analyst Catherine Ramsey Schulte upgraded Illumina's stock from Neutral to Outperform with...
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Illumina Beats In Q2, But Investment Thesis Remains Unclear
Thursday, August 3, 2017 - 11:18am | 394Shares of Illumina, Inc. (NASDAQ: ILMN) hit a new 52-week high of $198.47 Wednesday and ended the day higher by nearly 15 percent after the company reported top- and bottom-line beats in its second-quarter earnings report. However, the results weren't good enough for analysts at Barclays who are...
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Baird Weighs In On Illumina's Guidance, NovaSeq Platform
Tuesday, January 10, 2017 - 11:48am | 300On Monday, Illumina, Inc. (NASDAQ: ILMN) announced preliminary Q4 results, while issuing the 2017 guidance and announcing the launch of its new sequencing platform, NovaSeq. Baird’s Catherine W. Ramsey maintains a Neutral rating on the company, while raising the price target from $147 to $153...