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Janney Capital announced Alnylam Pharmaceuticals (NASDAQ:ALNY), bumping up its stock price target to $74.00 today

In a report released on Thursday September 29, 2016 Janney Capital increased the stock price target of Alnylam Pharmaceuticals (NASDAQ:ALNY) to $74.00 reporting a possible downside of -0.03%.

Just yesterday Alnylam Pharmaceuticals (NASDAQ:ALNY) traded -1.82% lower at $76.67. Alnylam Pharmaceuticals’s 50-day moving average is $73.60 and its 200-day moving average is $66.10. The last closing price is up 15.99% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 422,687 shares of ALNY traded hands, down from an average trading volume of 661,767

Recent Performance Chart

Alnylam Pharmaceuticals (NASDAQ:ALNY)

Alnylam Pharmaceuticals has 52 week low of $49.96 and a 52 week high of $110.75 and has a market capitalization of $0.

In addition to Janney Capital reporting its stock price target, a total of 11 brokers have issued a research note on the company. The average stock price target is $117.09 with 3 brokers rating the stock a strong buy, 8 brokers rating the stock a buy, 2 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Alnylam Pharmaceuticals (NASDAQ:ALNY)

Alnylam Pharmaceuticals, Inc. is a biopharmaceutical company. The Company is engaged in developing therapeutics based on ribonucleic acid (RNA) interference (RNAi). It is focused on the use of its N-acetylgalactosamine (GalNAc)-conjugate strategy for delivery of small interfering RNAs (siRNAs). Its pipeline of investigational RNAi therapeutics focuses in three Strategic Therapeutic Areas (STArs): Genetic Medicines; Cardio-Metabolic Disease, and Hepatic Infectious Disease. Its Genetic medicines include Patisiran (ALN-TTR02), Revusiran (ALN-TTRsc), Fitusiran (ALN-AT3), ALN-CC5, ALN-AS1, and additional genetic programs, including ALN-AAT, ALN-GO1 and ALN-TMP. Products for Cardio-Metabolic Disease STAr include ALN-PCSsc and other cardio-metabolic disease programs ALN-AC3 and ALN-ANG targeting Angiopoetin-like 3 (ANGPTL3). Products for Hepatic Infectious Disease STAr include ALN-HBV, ALN-HDV and ALN-PDL. It also owns Enhanced Stabilization Chemistry, GalNAc-conjugate delivery platform.

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