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H.C. Wainwright Boosts Intellia (NTLA) Price Target After MAGNITUDE-2 Hold Lifted
Yahoo Finance· 2026-02-15 13:41
Group 1 - Intellia Therapeutics, Inc. (NASDAQ:NTLA) is recognized as one of the best innovative stocks to buy according to Wall Street analysts, with H.C. Wainwright reiterating a Buy rating and increasing the price target to $25 from $15 following the removal of a clinical hold on the MAGNITUDE-2 study [1][3]. - The updated protocol for the MAGNITUDE-2 study raises the target enrollment to approximately 60 patients from the original 50, indicating a focus on improving risk mitigation and data comprehension rather than discontinuing the drug [3]. - The safety incidents that led to the clinical hold were rare, with two Grade 4/5 liver incidents, one of which was fatal, occurring in about 450 treated patients, representing less than 0.5% of the group [3]. Group 2 - Intellia Therapeutics is a biotech company specializing in CRISPR-Cas9 gene-editing technology, developing advanced treatments for both in vivo and ex vivo applications, with its primary initiative, NTLA-2001, targeting transthyretin amyloidosis, an incurable disease [4].
Intellia Therapeutics (NTLA) Downgraded After Safety Concerns and Regulatory Delays Slow Gene-Editing Progress
Yahoo Finance· 2025-11-25 13:39
Group 1 - Intellia Therapeutics, Inc. (NASDAQ:NTLA) is considered one of the most oversold biotech stocks, with a recent downgrade from Buy to Hold by Jones Trading following the announcement of a patient's death related to their treatment [1][2] - The downgrade was influenced by a key opinion leader call held by Dr. Garcia and Jones Trading to discuss the patient who met Hy's Law criteria, which occurred before the patient's death was announced [2] - Baird has lowered its price target for Intellia's shares to $9 while maintaining a Neutral rating, citing the FDA's hold on the NTLA-2001 treatment and the competitive landscape in the ATTR and HAE markets as significant challenges for commercial adoption [3] Group 2 - Intellia Therapeutics is at the forefront of CRISPR-Cas9 gene-editing technology, focusing on developing treatments for both in vivo and ex vivo applications, with its main initiative, NTLA-2001, targeting transthyretin amyloidosis, a currently incurable disease [4]