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Alnylam price target raised to $348 from $338 at JPMorgan

JPMorgan analyst Jessica Fye raised the firm’s price target on Alnylam (ALNY) to $348 from $338 and keeps an Overweight rating on the shares. The firm increased Amvuttra forecasts in transthyretin amyloid cardiomyopathy through 2029 ahead of the company’s Q2 report. It expects Alnylam’s TTR franchise guidance to move higher with the results.

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