Illumina (ILMN) Target Price Boosted to $230 at Credit Suisse

Credit Suisse analyst Vamil Divan reiterated an Outperform rating and boosted his price target on Illumina (NASDAQ: ILMN) to $230.00 (from $205.00) following solid Q4 results. The analyst said long-term potential remains robust.

Nothing in the Q4 report changes the firm's view that ILMN is a best-in-class story and is well positioned for multiple additional years of double-digit growth ahead.

The firm too down near-term estimates to account for the company's initial 2015 guidance.

For an analyst ratings summary and ratings history on Illumina click here. For more ratings news on Illumina click here.

Shares of Illumina closed at $203.25 yesterday.

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