Needham Sticks to Their Buy Rating for Alnylam Pharma (ALNY)

By Ryan Adsit

In a report released today, Alan Carr from Needham maintained a Buy rating on Alnylam Pharma (ALNYResearch Report), with a price target of $135.00. The company’s shares closed last Monday at $86.03.

According to TipRanks.com, Carr is a 2-star analyst with an average return of 0.1% and a 41.2% success rate. Carr covers the Healthcare sector, focusing on stocks such as Biohaven Pharmaceutical Holding Co Ltd, ACADIA Pharmaceuticals Inc, and Rhythm Pharmaceuticals Inc.

Alnylam Pharma has an analyst consensus of Moderate Buy, with a price target consensus of $121.86.

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The company has a one-year high of $96.08 and a one-year low of $60.27. Currently, Alnylam Pharma has an average volume of 675.9K.

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Alnylam Pharmaceuticals, Inc. operates as biopharmaceutical company, which engages in the discovery, development and commercialization of RNAi therapeutics. It is the translation of RNAi as a new class of innovative medicines with a core focus on RNAi therapeutics for the treatment of genetically defined diseases.