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Illumina Inc (ILMN) Stock: Do Analysts Think You Should Accumulate?

Tuesday, February 20, 2024 03:04 PM | InvestorsObserver Analysts

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Illumina Inc (ILMN) Stock: Do Analysts Think You Should Accumulate?

Wall Street is positive on Illumina Inc (ILMN). On average, analysts give the stock a Buy rating. The average price target is $150.263, which means analysts expect the stock to add by 6.78% over the next twelve months. That average ranking earns the stock an Analyst Rating of 26, which is better than 26% of stocks based on data compiled by InvestorsObserver.

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?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported. InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With Illumina Inc Stock Today?

Illumina Inc (ILMN) stock is trading at $140.72 as of 2:50 PM on Tuesday, Feb 20, a loss of -$2.69, or -1.88% from the previous closing price of $143.41. The stock has traded between $138.60 and $142.90 so far today. Volume today is below average. So far 742,430 shares have traded compared to average volume of 1,958,133 shares. Click Here to get the full Stock Report for Illumina Inc stock.

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