Intellia Therapeutics Reports Financial Results for Second Quarter 2016

Go back to Intellia Therapeutics Reports Financial Results for Second Quarter 2016

Jefferies Upgrades Intellia Therapeutics (NTLA) to Buy; CRISPR Technology seen as Transformative

August 5, 2016 7:14 AM EDT

Jefferies upgraded Intellia Therapeutics (NASDAQ: NTLA) from Hold to Buy with a price target of $33.00, calling CRISPR technology transformative.

Analyst Gena Wang commetned, "NTLA issued 2Q16 earnings release and ended the quarter with sufficient cash ($301M) to support operation through 2020. We continue to... More