Illumina Reports Financial Results for Fourth Quarter and Fiscal Year 2024
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Barclays Downgrades Illumina (ILMN) to Underweight
February 10, 2025 6:13 AM ESTBarclays analyst Luke Sergott downgraded Illumina (NASDAQ: ILMN) from Equalweight to Underweight with a price target of $100.00 (from $130.00).
The analyst comments "Overall, we view ILMN as a great business with a technological edge that has matured along with the market it created. We think that it is a normal Tools business not unlike other mature genomics / proteomics markets like PCR and mass spec. These are solid MSD topline growers with an oligopoly... More
TD Cowen Downgrades Illumina (ILMN) to Hold
February 7, 2025 7:38 AM ESTTD Cowen analyst Dan Brennan downgraded Illumina (NASDAQ: ILMN) from Buy to Hold with a price target of $140.00 (from $177.00).
The analyst comments "We downgrade to Hold post 4Q due to sev. factors: 1) accelerating high throughput (HTP) NGS consumable growth (via... More
