Illumina price target raised to $145 from $120 at Citi

Citi raised the firm’s price target on Illumina to $145 from $120 and keeps a Neutral rating on the shares post the Q4 report. The company is not giving earnings guidance given the uncertainty regarding the financial impact of the Grail divestiture and there were no big surprises in 4Q following the preannouncement, the analyst tells investors in a research note.