Citi analyst David Lebowitz lowered the firm’s price target on Intellia Therapeutics to $40 from $44 and keeps a Neutral rating on the shares. Post the Q2 report, Intellia remains in a strong cash position with $1.1B on its books, the analyst tells investors in a research note.
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Read More on NTLA:
- Cathie Wood’s ARK Investment bought 95.2K shares of Intellia Therapeutics today
- Intellia Therapeutics Announces Second Quarter 2023 Financial Results and Highlights Recent Company Progress
- Intellia Therapeutics reports Q2 EPS ($1.40), consensus ($1.32)
- Intellia Therapeutics to Hold Conference Call to Discuss Second Quarter 2023 Earnings and Company Updates
- Intellia has positive read through from BridgeBio data, says BofA
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