Canaccord analyst Kyle Mikson lowered the firm’s price target on Illumina (ILMN) to $87 from $92 and keeps a Hold rating on the shares. The firm said they remain on the sidelines after they updated its 2025 guidance for multiple complicated headwinds that add further uncertainty to the company’s return to growth mode.
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Read More on ILMN:
- Illumina price target lowered to $100 from $136 at Morgan Stanley
- Illumina’s Hold Rating Amidst Strong Instrument Sales and Challenges in Chinese Market
- Illumina’s Earnings Call: Mixed Outlook Amid Challenges
- Illumina price target lowered to $135 from $160 at Stifel
- Illumina price target raised to $89 from $86 at TD Cowen
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