Intellia Therapeutics (NASDAQ:NTLA) Given New $48.00 Price Target at Canaccord Genuity Group

Market Beat
2026.03.03 20:57
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Canaccord Genuity Group has lowered its price target for Intellia Therapeutics (NASDAQ:NTLA) from $54.00 to $48.00 while maintaining a "buy" rating. This new target suggests a potential upside of 243.59% from the current price. Other analysts have varied opinions, with some downgrading their ratings. Currently, NTLA's stock is trading at $13.97, with a market cap of $1.65 billion and a negative earnings per share of -$0.83 for the last quarter. Insiders have recently sold shares, and hedge funds are adjusting their stakes in the company.