Illumina (ILMN) option implied volatility elevated into Q1

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Illumina (ILMN) PT Raised to $240 at Goldman Sachs

April 25, 2018 7:46 AM EDT

Goldman Sachs raised its price target on Illumina (NASDAQ: ILMN) to $240.00 (from $230.00) while maintaining a Neutral rating following the company's 1Q. ILMN posted better than anticipated 1Q18 revenue/non-GAAP EPS of $782 mn/$1.45, significantly above FactSet consensus of $744.3 mn/$1.02.

Management raised FY2018 revenue... More