Citi Analysts Add Illumina to 90-Day Positive Catalyst Watch

August 23, 2022

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Illumina Intrinsic Value – Citi analysts have added Illumina($NASDAQ:ILMN) to its 90-day positive catalyst watch and upgraded Bruker Corporation after the life sciences companies reported Q2 2022 results early this month, which fell short of Street forecasts. Q2 2022 marked one of the “most dynamic quarters in recent memory with moves further amplified by crowded investor positioning into the prints,” the analysts wrote. The analysts are positive on Illumina’s long-term prospects, citing the company’s strong product pipeline and market opportunity in genomic sequencing. Do you think this will affect ILLUMINA market and earnings in the long term? The analysts’ positive outlook on Illumina’s long-term prospects is based on the company’s strong product pipeline and market opportunity in genomic sequencing. Given the positive outlook from Citi analysts, it is unlikely that the short-term results will have a significant impact on Illumina’s market and earnings in the long term.

Stock Price

On Monday, ILLUMINA stock opened at $199.8 and closed at $195.6. These include the launch of new products, expansion into new markets, and positive clinical trial results.

VI Analysis – Illumina Intrinsic Value

A company’s fundamentals are its long-term indicators of potential success. The app VI makes it easy to analyze a company’s fundamentals and calculate its fair value. Based on VI’s analysis, the fair value of ILLUMINA shares is around $403.7. However, the stock is currently trading at $195.6, which represents a 52% discount. This could present a good opportunity for long-term investors. For more details please visit Line.


However, shares of Illumina fell on the news, as investors appeared to be taking profits after the stock’s recent run-up. Despite the pullback, Illumina remains a compelling long-term investment. The company is the clear leader in the genomic sequencing market, and is well-positioned to benefit from the continued growth of the market. Illumina’s products are used in a wide range of applications, from cancer research to determining ancestry. The company has also been investing heavily in R&D, which should help drive future growth. Illumina’s shares may be volatile in the short-term, but the company’s long-term prospects remain very bright.

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