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]