Illumina (ILMN) Misses Q1 EPS by 3c; Guides FY16 EPS Below Views

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Illumina's (ILMN) Q2 Guide Below Street, PT drops to $145 - Leerink

May 4, 2016 7:19 AM EDT

Leerink Partners analyst, Dan Leonard, maintained his Market Perform rating on Illumina (NASDAQ: ILMN) and believes that the company needs to meaningfully exceed revenue expectations for share price appreciation, and there is no clear driver for that types of revenue beats. The PT drops to $145... More

Mizuho Securities Remains Sidelined on Illumina (ILMN) Following 1Q Miss

May 4, 2016 7:18 AM EDT

Mizuho Securities maintained a Neutral rating on Illumina (NASDAQ: ILMN), and cut the price target to $138.00 (from $150.00), following the company's 1Q earnings report. Illumina had already negatively preannounced 1Q16 results and lowered guide. Most of the miss in the quarter was attributable... More