Stephens & Co. Reiterates Overweight on Illumina, Maintains $170 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Mason Carrico reiterated an Overweight rating on Illumina (NASDAQ:ILMN) and maintained a $170 price target.

February 14, 2024 | 4:23 pm
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Stephens & Co. reaffirmed an Overweight rating on Illumina, with a $170 price target.
The reiteration of an Overweight rating and maintenance of a $170 price target by a reputable analyst firm like Stephens & Co. is likely to instill confidence among investors and could lead to a positive short-term impact on Illumina's stock price. Analyst ratings and price targets are significant indicators for investors, and positive reaffirmations can drive investor sentiment and stock performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100