UPDATE: Bank of America Raises PO on Illumina on New Product Rollouts
May 15, 2013 at 10:54 AM EDT
In a report published on Wednesday morning, Bank of America analyst Derek de Bruin raised the price objective from $65.00 to $77.00 on Illumina (NASDAQ: ILMN ) and maintained a Buy rating on the basis of positive market trends. In the report, Bank of America stated, "ILMN noted that market