Piper Sandler Maintains Overweight on Illumina, Lowers Price Target to $275
Portfolio Pulse from jenniferd'souza@benzinga.com
Piper Sandler analyst David Westenberg has maintained an Overweight rating on Illumina (NASDAQ:ILMN) but lowered the price target from $290 to $275.
August 15, 2023 | 2:47 pm
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Piper Sandler has maintained an Overweight rating on Illumina but lowered the price target from $290 to $275.
The news is directly related to Illumina. While the Overweight rating is maintained, indicating a positive outlook, the lowering of the price target could have a neutral to slightly negative impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100