Credit Suisse Upgrades Illumina to Outperform | GenomeWeb

NEW YORK (GenomeWeb News) – Investment bank Credit Suisse today upgraded Illumina's stock, citing the firm's improved financial performance over the past two quarters and the potential of its tools for the clinical market in the longer term.

Analyst Vamil Divan upgraded his rating for the San Diego-based firm to Outperform from Neutral and increased the share price target to $55 from $48.

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The comment period on the Department of Health and Human Services' proposal to alter the Common Rule has been extended.

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