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.
April 10, 2024 | 12:38 pm
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Stephens & Co. reaffirmed an Overweight rating on Illumina, with a price target of $170.
The reiteration of an Overweight rating and maintenance of a $170 price target by a reputable analyst firm like Stephens & Co. could instill confidence among investors about Illumina's future prospects. This endorsement is likely to have a positive short-term impact on Illumina's stock price as it reaffirms the company's strong position in the market according to the analyst's view.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90