JP Morgan Maintains Neutral on Illumina, Lowers Price Target to $125
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Julia Qin maintains a Neutral rating on Illumina (NASDAQ:ILMN) but lowers the price target from $130 to $125.
August 07, 2024 | 6:12 pm
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JP Morgan analyst Julia Qin maintains a Neutral rating on Illumina but lowers the price target from $130 to $125.
The lowered price target from $130 to $125 suggests a less optimistic outlook for Illumina's stock performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100