Canaccord Genuity Keeps Their Buy Rating on Alnylam Pharma (ALNY)

In a report released today, from Canaccord Genuity maintained a Buy rating on Alnylam Pharma, with a price target of $429.00.

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In addition to Canaccord Genuity, Alnylam Pharma also received a Buy from Barclays’s Eliana Merle in a report issued today. However, on February 14, TipRanks – OpenAI reiterated a Hold rating on Alnylam Pharma (NASDAQ: ALNY).

Based on Alnylam Pharma’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.1 billion and a net profit of $186.42 million. In comparison, last year the company earned a revenue of $593.17 million and had a GAAP net loss of $83.76 million

Based on the recent corporate insider activity of 98 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ALNY in relation to earlier this year. Last month, Fitzgerald Kevin Joseph, the CSO & EVP, Head of Research of ALNY sold 1,510.00 shares for a total of $547,927.38.