Form 4 ILLUMINA INC For: Jul 17 Filed by: Ronaghi Mostafa
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Piper Jaffray Remains Bullish on Illumina (ILMN) Following EPS Beat
July 22, 2015 9:00 AM EDTPiper 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
