Illumina Inc
ILMN: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$619.00 | Jdmgl | Pppryscv |
Activist Investor Icahn Reveals Interest in Undervalued Illumina
Activist investor Carl Icahn has revealed an interest in narrow-moat Illumina. While details are currently limited on the actions he might take, we would welcome any actions that lead to Illumina's market value increasing toward our fair value estimate. Even after this announcement lifted the share price in early trading on March 13, we view the stock as moderately undervalued.