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Intellia Therapeutics price target lowered to $21 from $29 at Citizens JMP

Citizens JMP lowered the firm’s price target on Intellia Therapeutics (NTLA) to $21 from $29 and keeps an Outperform rating on the shares. Intellia disclosed that the 80-year-old patient has passed away following reports of a Grade 4 liver injury in a Nex-Z patient and the FDA’s clinical hold on the MAGNITUDE trial, the analyst tells investors in a research note. Citizens has removed ATTR from its model.

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