Evercore ISI Group Maintains Outperform on Illumina, Raises Price Target to $240
Portfolio Pulse from jenniferd'souza@benzinga.com
Evercore ISI Group analyst Vijay Kumar has maintained an 'Outperform' rating on Illumina (NASDAQ:ILMN) and raised the price target from $235 to $240.
August 10, 2023 | 1:26 pm
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POSITIVE IMPACT
Evercore ISI Group has maintained an 'Outperform' rating on Illumina and raised the price target from $235 to $240, which could positively impact the stock.
The raised price target indicates the analyst's increased confidence in the company's performance. This could lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100