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April 23, 2014
06:45 EDTILMNIllumina price target raised to $180 from $160 at Leerink
Leerink raised its price target for Illumina shares to $180 following the company's Q1 results and maintains an Outperform rating on the name. The firm believes cannibalization concerns were likely overblown as it was a minimal factor during the quarter.
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