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Fly News Breaks for October 6, 2015
ILMN
Oct 6, 2015 | 06:12 EDT
BTIG downgraded Illumina to Neutral following the negative Q3 preannouncement. Analyst Dane Leone said the revised outlook for 2016 suggests first half 2016 may be slower than second half 2015, and are not supportive of a high-growth multiple for the stock.
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