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Intellia Therapeutics (NTLA) has been downgraded by Jones Trading from Buy to Hold due to safety concerns and regulatory delays slowing gene-editing progress. The FDA has placed a hold on NTLA-2001 treatment, and Baird has lowered its price target to $9 while maintaining a Neutral rating. Intellia is a biotech company developing treatments for transthyretin amyloidosis using CRISPR-Cas9 gene-editing technology.

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