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Fly News Breaks for January 30, 2019
ILMN
Jan 30, 2019 | 06:27 EDT
Piper Jaffray analyst William Quirk says that while Illumina's Q4 results was not its strongest and the earnings call "was less engaging than earlier ones," he continues to believe in the company's "multi-catalyst long-term story." As such, he recommends using any post-earnings weakness to add to positions in the name. The analyst maintains an Overweight rating on Illumina with a $384 price target.
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