Information Provided By:
Fly News Breaks for July 14, 2016
ILMN
Jul 14, 2016 | 06:04 EDT
Piper Jaffray analyst William Quirk is not expecting much Q2 upside from Illumina after his channel checks found 23 HiSeq X installs during the quarter, below his 26 estimate. The company's backlog exiting Q2 is 93 HiSeq Xs, however, which the analyst notes is "well above the backlog we typically see in our checks." He views this as "exceptionally encouraging" and keeps an Overweight rating on Illumina with a $161 price target.
News For ILMN From the Last 2 Days
There are no results for your query ILMN