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Stock Market & Financial Investment News

News Breaks
January 29, 2014
08:12 EDTILMNIllumina price target raised to $160 from $140 at Leerink
Leerink raised its price target for Illumina shares to $160 citing the company's solid Q4 results and keeps an Outperform rating on the stock.
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April 9, 2014
08:58 EDTILMNIllumina not targeted by new Chinese regulations, says Janney Capital
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April 7, 2014
07:30 EDTILMNIllumina weakness creates buying opportunity, says Wells Fargo
Wells Fargo believes that the recent decline in Illumina's stock is mostly related to its correlation with biotech indices, and the firm sees this correlation as "a technical rather than a fundamental phenomenon." The firm believes that demand for the company's HiSeq, MiSeq, and HiSeq X instruments are strong, and it now identifies the stock as its top pick in the tools space. It increased its price target on the shares to $170-175 from $155-$160.

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