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How Does Illumina, Inc. (ILMN) Stock Rank on Wall Street Wednesday?

Wednesday, May 18, 2022 02:36 PM | InvestorsObserver Analysts

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How Does Illumina, Inc. (ILMN) Stock Rank on Wall Street Wednesday?

InvestorsObserver is giving Illumina, Inc. (ILMN) an Analyst Rating Rank of 21, meaning ILMN is ranked higher by analysts than 21% of stocks. The average price target for ILMN is $411.545 and analyst’s rate the stock as a Buy.

Overall Score - 3.7
Wall Street analysts are rating ILMN a Buy today. Find out what this means to you and get the rest of the rankings on ILMN!

Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With Illumina, Inc. Stock Today?

Illumina, Inc. (ILMN) stock is trading at $241.51 as of 2:30 PM on Wednesday, May 18, a loss of -$1.71, or -0.7% from the previous closing price of $243.22. Volume today is 936,166 compared to average volume of 1,089,532. The stock has traded between $237.61 and $248.82 so far today. Click Here to get the full Stock Report for Illumina, Inc. stock.

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