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Stock impact report

Intellia Therapeutics Stock Has 119% Upside, According to 1 Wall Street Analyst [Yahoo! Finance]

Intellia Therapeutics, Inc. (NTLA) 
Last intellia therapeutics, inc. earnings: 2/27 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.intelliatx.com/investor-overview
Company Research Source: Yahoo! Finance
Whitney Ijem issued a new price target for the stock, estimating that it'd climb by 119% to $73. But, per management's anticipated milestones for 2024, the pre-revenue biotech's most exciting catalysts will be when it reports preliminary data from a pair of its clinical trials later this year. Though it won't have an opportunity to seek regulatory approval for any of its programs for at least a couple of years, assuming that the late-stage clinical trial data look good. In other words, realizing revenue from sales of its medicines is still far off, and far from guaranteed. So can Ijem's estimate become a reality? With the right data, anything is possible This year, Intellia has two gene editing programs worth watching: NTLA-2001, and NTLA-2002. Both programs aim to use its technology to potentially permanently correct detrimental copies of patients' genes, thereby alleviating their symptoms on a (hopefully) permanent basis. NTLA-2001 treats transthyretin (ATTR) amyloidosis, an Show less Read more
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