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Fly News Breaks for June 8, 2015
ILMN
Jun 8, 2015 | 10:07 EDT
Leerink views Complete Genomics' announcement of Revolocity as the first sign of competition "in some time" for Illumina on the high throughput end of the nextgen sequencing market. Leerink says it is "intrigued by the promised capabilities" of Revolocity. It keeps an Outperform rating on shares of Illumina. The stock is down $6.14 to $204.07 in early trading.
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