Canaccord Genuity Maintains Buy on Illumina, Lowers Price Target to $285
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Kyle Mikson maintains a 'Buy' rating on Illumina (NASDAQ:ILMN) but lowers the price target from $300 to $285.
August 16, 2023 | 4:09 pm
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Canaccord Genuity maintains a 'Buy' rating on Illumina but lowers the price target from $300 to $285.
The news is directly about Illumina and is likely to influence investor sentiment. While the 'Buy' rating is maintained, the lowering of the price target might indicate a potential downside, which could lead to mixed reactions in the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100