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Intellia Therapeutics price target raised to $58 from $48 at Canaccord

Canaccord analyst Whitney Ijem raised the firm’s price target on Intellia Therapeutics (NTLA) to $58 from $48 and keeps a Buy rating on the shares. The firm updated its model following positive Phase 3 topline data readout for lonvo-z in HAE. The efficacy data presented were straightforward and safety profile uneventful. As such, they don’t see regulatory risk to be an issue going forward.

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