H.C. Wainwright lowered the firm’s price target on Alnylam (ALNY) to $510 from $570 and keeps a Buy rating on the shares. The firm reduced the company’s estimates to reflect a “more disciplined” near-term growth and margin outlook. However, it still sees “compelling upside” for Alnylam shares from current levels as its TTR franchise scales and the “Alnylam 2030” strategy takes hold.
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