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Fly News Breaks for April 7, 2015
ILMN
Apr 7, 2015 | 07:21 EDT
UBS surveyed the buy-side expectations for Illumina and believes expectations may be too high. The firm said the long-term thesis remains intact, but they are cautious near-term, citing foreign exchange headwinds and the timing of product launches and approvals. UBS reiterated its Buy rating and $240 price target on Illumina shares.
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