Needham analyst Alan Carr maintained a Buy rating on Alnylam Pharma (ALNY) yesterday and set a price target of $135. The company’s shares closed yesterday at $83.03.
According to TipRanks.com, Carr is a 4-star analyst with an average return of 4.6% and a 43.6% 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 Strong Buy, with a price target consensus of $128, a 54.2% upside from current levels. In a report issued on April 26, Cantor Fitzgerald also reiterated a Buy rating on the stock with a $138 price target.
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The company has a one-year high of $124.22 and a one-year low of $60.27. Currently, Alnylam Pharma has an average volume of 745.6K.
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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.
