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Alnylam price target lowered to $505 from $515 at Truist

Truist lowered the firm’s price target on Alnylam (ALNY) to $505 from $515 and keeps a Buy rating on the shares as part of a broader research note previewing Q1 results among Biotech names. Though confident in robust y/y growth, the management cautioned for Q1 seasonal weakness in the US from typical payer dynamics and 2 less shipping weeks, the analyst tells investors in a research note.

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