Illumina (ILMN) Tops Q2 EPS by 3c; Updates FY15 EPS Outlook

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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

Janney Capital Downgrades Illumina (ILMN) to Neutral

July 22, 2015 8:08 AM EDT

Janney Capital downgraded Illumina (NASDAQ: ILMN) from Buy to Neutral with a price target of $240 (unchanged).

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 $237.54 yesterday.

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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