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Fly News Breaks for January 20, 2017
ILMN
Jan 20, 2017 | 07:59 EDT
Cowen analyst Doug Schenkel raised his price target on Illumina to $175 from $150 to reflect the company's guidance and initial channel checks subsequent to the NovaSeq announcement. Schenkel, who believes there is an upward bias to revenue forecasts for 2018 and 2019, reiterated his Outperform rating on Illumina shares.
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