Maxim Starts Affymetrix (AFFX), Illumina (ILMN) at Buy, Life Tech (LIFE), Pacific Bio (PACB) at Hold

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In the Scientific and Technical Instrument group Tuesday morning, an analyst at Maxim Group initiated coverage on the following stocks:

• Affymetrix (Nasdaq: AFFX) with a Buy rating and a $12 price target
  
• Illumina (Nasdaq: ILMN) with a Buy rating and a $87 price target
  
• Life Technologies (Nasdaq: LIFE) with a Hold rating
  
• Pacific Biosciences (Nasdaq: PACB) with a Hold rating

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