Wolfe Research Initiates Coverage On Illumina with Outperform Rating
Portfolio Pulse from Benzinga Newsdesk
Wolfe Research analyst Doug Schenkel has initiated coverage on Illumina (NASDAQ:ILMN) with an Outperform rating, indicating a positive outlook for the company's stock.
December 13, 2023 | 5:52 pm
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Wolfe Research analyst Doug Schenkel has given Illumina an Outperform rating, suggesting confidence in the company's stock performance.
An Outperform rating from an analyst typically suggests that the stock is expected to do better than the market or its sector in the short term. This positive rating from Wolfe Research could lead to increased investor confidence and a potential rise in Illumina's stock price.
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