Piper Sandler Maintains Overweight on Illumina, Lowers Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst David Westenberg has maintained an Overweight rating on Illumina (NASDAQ:ILMN) but lowered the price target from $275 to $200.
October 16, 2023 | 5:28 pm
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Piper Sandler has maintained an Overweight rating on Illumina but lowered the price target from $275 to $200.
The news is directly related to Illumina and is likely to influence investor sentiment. While the Overweight rating is maintained, the lowered price target might indicate a potential downside, which could impact the stock's performance in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100