Goldman Sachs Downgrades Alnylam Pharmaceuticals: Here's What You Need To Know


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Goldman Sachs downgraded its rating of Alnylam Pharmaceuticals (NASDAQ:ALNY) to Neutral with a price target of $173.00, changing its price target from $230.00 to $173.00.

Shares of Alnylam Pharmaceuticals are trading up 0.41% over the last 24 hours, at $148.04 per share.

A move to $173.00 would account for a 16.86% increase from the current share price.

About Alnylam Pharmaceuticals

Alnylam Pharmaceuticals is a leader in the study of RNA interference (RNAi) therapeutics. RNAi is a naturally occurring biological pathway within cells for sequence-specific silencing and regulation of gene expression. Alnylam has five drugs on the market: Onpattro and Amvuttra for hATTR amyloidosis, Givlaari for acute hepatic porphyria, Oxlumo for primary hyperoxaluria type 1, and Leqvio for hypercholesterolemia. It also has several clinical programs across various therapeutic areas: genetic medicines; cardio-metabolic diseases; hepatic infectious diseases, and CNS/ocular diseases. Upfront fees from research partnerships have boosted Alnylam's cash levels, and the company stands to see additional milestones and royalties from drugs commercialized under collaboration partnerships.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: Analyst RatingsBZI-AAR-UPDATE