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Alnylam price target raised to $384 from $328 at Jefferies

Jefferies analyst Maury Raycroft raised the firm’s price target on Alnylam (ALNY) to $384 from $328 and keeps a Buy rating on the shares. The firm, which is updating its model ahead of Q2 earnings, sees the potential for a guidance raise from management based on the firm’s tracking of Amvuttra’s uptake so far in the treatment of the cardiomyopathy of wild-type or hereditary transthyretin-mediated amyloidosis.

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