RBC Capital Maintains Outperform on Illumina, Lowers Price Target to $242
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Conor McNamara maintains an Outperform rating on Illumina (NASDAQ:ILMN) but lowers the price target from $249 to $242.
July 01, 2024 | 1:59 pm
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RBC Capital analyst Conor McNamara maintains an Outperform rating on Illumina but lowers the price target from $249 to $242.
The Outperform rating suggests continued confidence in Illumina's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100