Bernstein Reaffirms Their Buy Rating on Alnylam Pharma (ALNY)
Bernstein analyst William Pickering maintained a Buy rating on Alnylam Pharma yesterday and set a price target of $491.00. The company’s shares closed yesterday at $369.96.
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According to TipRanks, Pickering is a 4-star analyst with an average return of 8.4% and a 62.20% success rate. Pickering covers the Healthcare sector, focusing on stocks such as Ionis Pharmaceuticals, Alnylam Pharma, and BioMarin Pharmaceutical.
In addition to Bernstein, Alnylam Pharma also received a Buy from Evercore ISI’s Cory Kasimov in a report issued yesterday. However, on the same day, 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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