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Alnylam Pharmaceuticals shares fell 6.31% today. A likely factor was JPMorgan analyst Jessica Fye maintaining an Overweight rating while lowering the firm’s price target from $375 to $369.

For informational and educational purposes only. Not financial advice.

#ALNY #BiotechStocks #HealthCare #MarketRecap

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00:00Alnilam Pharmaceuticals fell 6.31% today. What happened?
00:05Alnilam Pharmaceuticals fell 6.31% today.
00:10In the preceding session, Benzinga reported that J.P. Morgan maintained its overweight rating,
00:16but lowered its price target from $375 to $369.
00:22The decline coincided with that reduced target,
00:26but no confirmed company-specific catalyst for today's full move was reported.
00:32More on software versus pharmaceuticals. Full recap linked.
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Does JPMorgan’s lower price target change your view of Alnylam, or does the maintained Overweight rating matter more? Share what you think drove today’s selloff.

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