Needham Reiterates Buy on Alnylam Pharmaceuticals, Maintains $200 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Joseph Stringer reiterates a Buy rating on Alnylam Pharmaceuticals (NASDAQ:ALNY) and maintains a $200 price target.

February 15, 2024 | 6:28 pm
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POSITIVE IMPACT
Needham maintains a Buy rating and a $200 price target on Alnylam Pharmaceuticals.
The reiteration of a Buy rating and maintenance of a $200 price target by a reputable analyst like Joseph Stringer from Needham is a strong positive signal for Alnylam Pharmaceuticals. This endorsement likely reflects confidence in the company's future performance and growth prospects, which can positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100