Analyst Expectations for Illumina's Future
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Illumina (NASDAQ:ILMN) in the last quarter, with an equal number of bullish and bearish sentiments. The average 12-month price target for ILMN is $155.12, which is an 18.71% decrease from the previous target of $190.83. Ratings are distributed across bullish, somewhat bullish, indifferent, and somewhat bearish, with no fully bearish ratings.
December 11, 2023 | 2:00 pm
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Illumina received mixed ratings from analysts, with an average 12-month price target of $155.12, indicating a potential downside based on the previous target of $190.83.
The average price target for Illumina has been lowered, which typically suggests that analysts see less upside potential in the stock, possibly due to a variety of factors such as market conditions or company performance. The mixed ratings with an equal number of bullish and bearish sentiments indicate uncertainty, which could lead to short-term negative pressure on the stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100