Alnylam Pharma (ALNY) Gets a Hold Rating from Oppenheimer


Oppenheimer analyst Leland Gershell assigned a Hold rating to Alnylam Pharma (ALNY) today and set a price target of $156.00. The company’s shares closed last Friday at $135.51.

According to TipRanks.com, Gershell is a 2-star analyst with an average return of 1.0% and a 39.6% success rate. Gershell covers the Healthcare sector, focusing on stocks such as BioMarin Pharmaceutical, Corbus Pharmaceuticals, and Anchiano Therapeutics.

Currently, the analyst consensus on Alnylam Pharma is a Strong Buy with an average price target of $174.70.

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Based on Alnylam Pharma’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $126 million and GAAP net loss of $253 million. In comparison, last year the company earned revenue of $70.06 million and had a GAAP net loss of $209 million.

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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. The company was founded by John Kennedy Clarke, Paul R. Schimmel and Phillip A. Sharp on June 14, 2002 and is headquartered in Cambridge, MA.

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