Illumina, Inc. (NDAQ:ILMN) was upgraded by investment analysts at Leerink Swann from a “mkt perform” rating to an “outperform” rating in a report issued on Monday, reports.

Shares of Illumina (NDAQ:ILMN) traded up 2.20% during mid-day trading on Monday, hitting $163.95. 892,649 shares of the company traded hands. The stock has a market capitalization of $23.99 billion and a price-to-earnings ratio of 53.40. Illumina has a one year low of $119.37 and a one year high of $186.88. The firm has a 50-day moving average of $163.67 and a 200-day moving average of $152.69.

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About Illumina

Illumina, Inc (Illumina) is a provider of sequencing- and array-based solutions for genetic analysis. The Company operates through two segments: Core Illumina and the consolidated variable interest entities (VIEs), which include the activities of GRAIL, Inc (GRAIL) and Helix Holdings I, LLC (Helix). Core Illumina consists of its core operations.

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