Illumina downgraded at Scotiabank on outlook; Danaher, Thermo Fisher upgraded

3 hours ago 1
Wall Street sign in Lower Manhattan, NYC

georgeclerk

Illumina (NASDAQ:ILMN) shares fell on Friday after Scotiabank cut its rating to Sector Perform from Sector Outperform, citing concerns over the company’s 2026 outlook and becoming the second brokerage to initiate a downgrade on the gene sequencing company this week.

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