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Alnylam price target raised to $357 from $283 at Canaccord

Canaccord raised the firm’s price target on Alnylam to $357 from $283 and keeps a Buy rating on the shares. The firm said after HELIOS-B’s topline win, they updated its model to bring it more inline with recent physician feedback. Canaccord said they are modeling a price in- line with Vyndaquel/Vyndamax and are increasing peak market share to 35% from 20%; which could still be conservative according to their survey.

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