Intellia Therapeutics, Inc. (NASDAQ:NTLA) is among the best NASDAQ stocks under $50 to buy. Analysts at H.C. Wainwright have reaffirmed a Buy rating on Intellia Therapeutics, Inc. (NASDAQ:NTLA) while maintaining a price target of $30.00. This whopping 237% upside from the current price followed the company’s positive three-year data for its hereditary angioedema (HAE) treatment presentation at the European Academy of Allergy and Clinical Immunology meeting.
What emerged from the findings was truly impressive. The Phase 1 trial data demonstrated that a single dose of lonvoguran ziclumeran (lonvo-z, or NTLA-2002) resulted in a 98% mean reduction in monthly HAE attack rates in all 10 patients evaluated.
A lab scientist peering into a microscope focused on gene editing technology.
The treatment maintained effectiveness throughout the three years, with sustained effects noted across the study. These results are in sync with the nature of gene editing, which is designed to produce lasting changes to the genome.
Intellia Therapeutics, Inc. (NASDAQ:NTLA) is a Massachusetts-headquartered clinical-stage gene editing company. The giant develops curative genome editing treatments. In collaboration with AvenCell Therapeutics, Inc., the company aims to create innovative therapies for a range of diseases.
While we acknowledge the potential of NTLA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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