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Wells Fargo Sticks to Its Hold Rating for Alnylam Pharma (ALNY)

Tipranks - Tipranks - Thu Jan 8, 5:52AM CST

In a report released yesterday, Tiago Fauth from Wells Fargo maintained a Hold rating on Alnylam Pharma, with a price target of $479.00. The company’s shares closed yesterday at $406.40.

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According to TipRanks, Fauth is a 5-star analyst with an average return of 15.5% and a 51.84% success rate. Fauth covers the Healthcare sector, focusing on stocks such as Alnylam Pharma, BridgeBio Pharma, and Insmed.

Currently, the analyst consensus on Alnylam Pharma is a Strong Buy with an average price target of $498.42.

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Based on Alnylam Pharma’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.25 billion and a net profit of $251.08 million. In comparison, last year the company earned a revenue of $500.92 million and had a GAAP net loss of $111.57 million

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