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Alnylam price target raised to $475 from $348 at JPMorgan

JPMorgan raised the firm’s price target on Alnylam (ALNY) to $475 from $348 and keeps an Overweight rating on the shares. The company reported an “exceptionally strong Q2 and guidance increase, the analyst tells investors in a research note. The firm continues to see a “healthy launch” ahead for Amvuttra.

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