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Alnylam price target lowered to $268 from $284 at Morgan Stanley

Morgan Stanley lowered the firm’s price target on Alnylam (ALNY) to $268 from $284 and keeps an Equal Weight rating on the shares. The firm is slightly below consensus on Q1 TTR franchise sales, but expects a focus on early launch dynamics for Amvuttra in ATTR-CM, the analyst tells investors in a preview heading into earnings for commercial small-to-mid cap biotechnology companies the analyst covers.

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