Illumina (ILMN -1.4%) slips this morning on a downgrade to Neutral on valuation at Piper...

|By:, SA News Editor

Illumina (ILMN -1.4%) slips this morning on a downgrade to Neutral on valuation at Piper Jaffray. The firm also lowered its price target to $70 from $72 a share, which, based on the chart appears to be in the a conservative call in the mid-range of where its been trading since early March.