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Alnylam price target lowered to $395 from $405 at H.C. Wainwright

H.C. Wainwright lowered the firm’s price target on Alnylam Pharmaceuticals to $395 from $405 and keeps a Buy rating on the shares after the FDA issued a complete response letter indicating it would not approve a supplemental new drug application for patisiran for the treatment of cardiomyopathy of ATTR amyloidosis.

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