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ILMN — Illumina News Story

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Everpure, Illumina gain on S&P 500 inclusion

BUZZ-Everpure, Illumina gain on S&P 500 inclusion

** Storage platform Everpure P.N up 2.3% premarket at $101.8; DNA sequencing co Illumina ILMN.O up about 1% at $220.22

** Inclusion in benchmark S&P 500 .SPX from Sept 21, along with Bloom Energy BE.N

** Everpure, Illumina have raised FY forecasts in latest reporting season

** YTD, ILMN up 66.3%, on track for biggest annual gain in a decade; earlier said it expects high demand for its DNA sequencing platform NovaSeq X

** YTD, P up 48.5%; Co expects strong AI demand

** Median rating on P by 21 brokerages is "buy," median PT of $130 - LSEG-compiled data

** Median rating on ILMN by 22 brokerages is "buy," median PT of $210 - LSEG-compiled data

** YTD, .SPX up 12.7%, while S&P 400 .SP400 up 14.5%


(Reporting by Johann M Cherian in Bengaluru)

((johann.mcherian@thomsonreuters.com;))

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