Illumina Reports Financial Results for Third Quarter of Fiscal Year 2017
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Illumina (ILMN) PT Raised to $240 at BofA/Merrill Lynch
October 25, 2017 9:19 AM EDTBofA/Merrill Lynch raised its price target on Illumina (NASDAQ: ILMN) to $240.00 (from $215.00) while maintaining a Buy rating following solid Q3 results.
Analyst Derik de Bruin notes sequencing consumables demand is accelerating.
... MoreUPDATE: Illumina (ILMN) Tops Q3 EPS by 12c, FY Guidance Tops Views
October 24, 2017 4:06 PM EDT(Updated - October 24, 2017 4:09 PM EDT)
Illumina (NASDAQ: ILMN) reported Q3 EPS of $1.11, $0.12 better than the analyst estimate of $0.99. Revenue for the quarter came in at $714 million versus the consensus estimate of $693.27 million.
For fiscal 2017, the company now projects approximately 13% revenue growth from... More
