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Alnylam price target raised by $7 at BofA, here’s why

BofA raised the firm’s price target on Alnylam to $246 from $239 and keeps a Buy rating on the shares. The company’s management highlighted during its R&D Day confidence in the HELIOS-B readout, the analyst tells investors in a research note. The firm noted that, in its DCF-based model, it adds value for the obesity pipeline, which it sees as a potentially large opportunity.

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