UPDATE: Credit Suisse Raises PT on Illumina on Great 1Q 2013 Results
April 23, 2013 at 11:11 AM EDT
In a report published Tuesday, Credit Suisse analyst Vamil Divan reiterated an Outperform rating on Illumina (NASDAQ: ILMN ), and raised the price target from $59.00 to $72.00. In the report, Divan noted, “ILMN reported a very impressive 1Q 2013 with revenues of $331mn (vs. Credit Suisse $305mn, consensus $311mn)