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Alnylam initiated with a Buy at Truist

Truist initiated coverage of Alnylam (ALNY) with a Buy rating and $385 price target The key near-term value driver for Alnylam is the Amvuttra launch in TTR-CM, which seems to be off to a strong start based on key opinion leader feedback, third party sales data and survey work, the analyst tells investors in a research note. The firm thinks the stock will continue to outperform with strong launch execution.

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