Wells Fargo Keeps Equal-Weight on TPG and Alnylam, Changes Price Targets
Wells Fargo kept equal-weight ratings on TPG and Alnylam Pharmaceuticals, raising the TPG target to $52 and cutting Alnylam's to $220.
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what happened
Wells Fargo analysts kept their equal-weight ratings on TPG and Alnylam Pharmaceuticals, according to Dow Jones Newswires, which cited Benzinga data. An equal-weight rating suggests the bank expects the shares to perform roughly in line with the broader market.
The bank lifted its price target on TPG to $52 a share from $47. For Alnylam Pharmaceuticals, it reduced the target to $220 from $253 a share.
why it matters
Analyst moves on individual stocks mainly matter to investors in those companies. The unchanged ratings alongside revised targets point to a shift in valuation expectations rather than a change in the bank's overall view, so the effect on the wider market is limited.
tags
instruments
sources
- TPG Is Maintained at Equal-Weight by Wells Fargo — Dow Jones Newswires, 30 October 2026 at 16:38 UTC
- Alnylam Pharmaceuticals Is Maintained at Equal-Weight by Wells Fargo — Dow Jones Newswires, 30 October 2026 at 16:52 UTC
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prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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