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January 15, 2014
07:07 EDTILMNIllumina price target raised to $130-$135 from $90-$95 at Wells Fargo
Wells Fargo increased its price target on Illumina after the company provided higher than expected 2014 revenue guidance and introduced two new systems. The firm believes that the company's position in the high-throughput sequencing and low/mid-throughput market has been enhanced. It keeps an Outperform rating on the shares.
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