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Illumina Stock Slides 5.53 Percent on Analyst Downgrade

Jun 10, 2005

NEW YORK, June 10 (GenomeWeb News) - Shares in Illumina were down 5.53 percent, or $.67, at $11.45 in mid-afternoon trading after an investment bank downgraded the company's stock.

 

Robert W. Baird downgraded the stock to "Neutral" from "Outperform."

 

Also today, investment bank Leerink Swann began covering Illumina with an "Outperform" rating.

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