Illumina announces strategy to accelerate value creation
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Illumina (ILMN) shares gain after TD Cowen upgrade
August 14, 2024 12:01 PM EDTIllumina (NASDAQ: ILMN) shares climbed more than 2% Wednesday following an upgrade from TD Cowen, which raised its rating on the stock to Buy from Hold.
The upgrade comes on the heels of Illuminas recent Strategy Update, where management outlined ambitious plans for revenue and earnings growth over the next few years.
TD Cowen analysts highlighted the... More
TD Cowen Upgrades Illumina (ILMN) to Buy
August 14, 2024 6:46 AM EDTTD Cowen analyst Dan Brennan upgraded Illumina (NASDAQ: ILMN) from Hold to Buy with a price target of $144.00 (from $126.00).
The analyst comments "We see ILMN as a combination of a self-help & product cycle story, where sentiment has been decidedly mixed (and the stock under-owned). Now, following the GRAIL spin the thesis is much simpler/cleaner with numerous attractive features. First:... More
Stifel Reiterates Buy Rating on Illumina (ILMN)
August 14, 2024 5:24 AM EDTStifel analyst Daniel Arias reiterated a Buy rating and $160.00 price target on Illumina (NASDAQ: ILMN).
The analyst comments "ILMN's strategy day achieved a key goal, which was to communicate the way in which better growth and profitability would be attained beyond simply selling... More
