Macquarie Upgrades Illumina (ILMN) to Neutral

January 25, 2012 1:28 PM EST
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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Macquarie's Jon Groberg just upgraded shares of Illumina (NASDAQ: ILMN) from Underperform to Neutral Wednesday afternoon. The analyst boosted his price target on the stock from $29 to $55.

Illumina shares are up nearly 45 percent this afternoon following an earlier hostile $5.7 billion bid from Roche.

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


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