TD Cowen raised the firm’s price target on Illumina (ILMN) to $177 from $166 and keeps a Buy rating on the shares. The firm said they posted a Q3 beat as Service was ahead while X placements missed. GM and EBIT margins had healthy beats and 2024 guide was lowered modestly with the the EPS guide raised.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ILMN:
- Illumina price target raised to $190 from $155 at Citi
- Illumina price target raised to $145 from $135 at Barclays
- Illumina price target raised to $145 from $130 at Canaccord
- Illumina Reports Q3 2024 Financial Results Amid Strategic Expansion
- Cathie Wood’s ARK Investment buys 153K shares of Illumina today