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Wednesday, October 31, 2018

Dicerna price target raised to $24 after Lilly, Alexion pacts: H.C. Wainwright


H.C. Wainwright analyst Ed Arce raised his price target on Dicerna (DRNA) shares to $24 from $20 after the company announced collaborations with Eli Lilly (LLY) and Alexion Pharmaceuticals (ALXN). Arce views these partnerships as further strong validation of Dicerna’s GalXC RNAi platform and keeps a Buy rating on the shares.

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