RBC Capital Reiterates Outperform on Illumina, Maintains $258 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Conor McNamara has reiterated an Outperform rating on Illumina (NASDAQ:ILMN), maintaining a price target of $258.
February 09, 2024 | 4:23 pm
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RBC Capital maintains an Outperform rating on Illumina with a $258 price target.
The reiteration of an Outperform rating by a prominent analyst like Conor McNamara, along with a substantial price target of $258, suggests a strong bullish sentiment towards Illumina. This endorsement could positively influence investor perception and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100