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Evercore ISI Sticks to Its Buy Rating for Alnylam Pharma (ALNY)

Tipranks - Wed Jan 14, 8:48AM CST

In a report released today, Cory Kasimov from Evercore ISI maintained a Buy rating on Alnylam Pharma, with a price target of $515.00.

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According to TipRanks, Kasimov is a 5-star analyst with an average return of 15.9% and a 55.19% success rate. Kasimov covers the Healthcare sector, focusing on stocks such as Zenas BioPharma, Inc., Moderna, and Neurocrine.

In addition to Evercore ISI, Alnylam Pharma also received a Buy from Bank of America Securities’s Tazeen Ahmad in a report issued yesterday. However, today, TipRanks – Google reiterated a Hold rating on Alnylam Pharma (NASDAQ: ALNY).

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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