Guggenheim Initiates Coverage On Illumina with Buy Rating, Announces Price Target of $155
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Subbu Nambi has initiated coverage on Illumina (NASDAQ:ILMN) with a Buy rating and set a price target of $155 for the company's stock.

December 14, 2023 | 11:25 am
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Guggenheim analyst Subbu Nambi initiated coverage on Illumina with a Buy rating and a price target of $155, which could positively influence the stock's performance in the short term.
Analyst ratings, especially from reputable firms like Guggenheim, can significantly impact investor sentiment and stock prices. A Buy rating combined with a price target that suggests an upside potential from the current market price is likely to be viewed positively by investors, potentially leading to a short-term increase in the stock price.
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