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Alnylam buy, $73 target reiterated by BMO

April 18, 2017

BMO Capital reiterates Outperform rating and $73 price target on Alnylam Pharmaceuticals (NASDAQ: ALNY) following the release of positive results for Emicizumab, a competing hemophilia drug.

Analyst Do Kim notes that despite the positive results from Emicizumab, enthusiasm for Fitusiran has not diminished, as confidence remains in Fitusiran ability to excel in hemophilia with inhibitors market, offering than Fitusiran’s once a month dosing is superior to Emicizumab once a week dosing.

http://bit.ly/2oR5TDU

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