Piper Sandler analyst Edward Tenthoff raised the firm’s price target on Alnylam to $253 from $226 and keeps an Overweight rating on the shares. The analyst awaits acceptance of the ONPATTRO sNDA, which could result in approval and label expansion into ATTR-CM in late 2023. Tenthoff noted that the price target increase comes on increased pipeline value after the company’s R&D day.
Published first on TheFly
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