Illumina Names Sanjay Chikarmane as Senior Vice President and General Manager of Enterprise Informatics

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Piper Jaffray Remains Bullish on Illumina (ILMN) Following EPS Beat

July 22, 2015 9:00 AM EDT

Piper Jaffray reiterated an Overweight rating and $230.00 price target on Illumina (NASDAQ: ILMN) following 2Q15. revenue increased 20.5% to $539.4M, but came in below Street's expectations of $542.1M. EPS was $0.80, higher than consensus' $0.77. Management raised EPS guidance to $3.39-$3.45 (was $3.36-$3.42).

Analyst William Quirk commented,... More

Mizuho Securities Raised Price Target on Illumina (ILMN) Following EPS Beat

July 22, 2015 7:30 AM EDT

Mizuho Securities maintained a Buy rating on Illumina (NASDAQ: ILMN), and raised the price target to $240.00 (from $230.00), ILMN reported EPS of $0.80, beating consensus by 3c. Analyst Peter Lawson said that he would be a buyer on any weakness.

Lawson commented, "We... More

Illumina (ILMN) Appoints New SVP

July 20, 2015 4:20 PM EDT

Illumina (NASDAQ: ILMN) announced that Sanjay Chikarmane has been named Senior Vice President and General Manager of Illuminas Enterprise Informatics business. Chikarmane will lead the development and commercialization of products and services aimed at turning genomic data into actionable information for researchers and clinicians. He will report to Illumina President, Francis deSouza.

Given the growing data intensive demands of the... More