Piper Jaffray Downgrades Illumina (ILMN) to Neutral, Cuts Price Target to $35

October 7, 2011 7:42 AM EDT
Get Alerts ILMN Hot Sheet
Price: $190.89 -0.91%

Rating Summary:
    18 Buy, 20 Hold, 6 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Piper Jaffray downgraded shares of Illumina (NASDAQ: ILMN) to a Neutral rating from its previous rating of Overweight and reduced its price target from $85 to $35.

For more ratings news on Illumina click here and for the rating history of Illumina click here.

Shares of Illumina closed at $39.93 yesterday.


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