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Fly News Breaks for April 23, 2019
ILMN
Apr 23, 2019 | 07:19 EDT
Canaccord analyst Mark Massaro tells investors in a research note that he continues to like Illumina, despite the fact that the company expects growth to be more back-end loaded this year. He thinks the setup into Q1 is favorable as he believes Q1 and Q2 consensus revenue and earnings estimates are "reasonable." He maintains a Buy rating and $360 price target ahead of the company's Q1 report on Thursday after the close.
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