H.C. Wainwright has raised its price target for Intellia Therapeutics (NTLA) to $25 from $15 and reiterated a Buy rating. This upgrade follows the lifting of a clinical hold on the company’s MAGNITUDE-2 study. The revised protocol for the study now targets approximately 60 patients, an increase from 50, to mitigate risks and improve data understanding.
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H.C. Wainwright Boosts Intellia (NTLA) Price Target After MAGNITUDE-2 Hold Lifted
H.C. Wainwright has raised its price target for Intellia Therapeutics (NTLA) to $25 from $15 and reiterated a Buy rating. This upgrade follows the lifting of a clinical hold on the company’s MAGNITUDE-2 study. The revised protocol for the study now targets approximately 60 patients, an increase from 50, to mitigate risks and improve data understanding.