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Fly News Breaks for May 7, 2018
ILMN
May 7, 2018 | 05:18 EDT
Barclays analyst Jack Meehan upgraded Illumina to Overweight and raised his price target for the shares to $300 from $235. The analyst believes his firm's NovaSeq customer survey indicates "substantial elasticity of demand." He sees visibility into "multiple years" of double-digit growth for the company.
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