Cantor Fitzgerald Upgrades Ardelyx to Overweight, Raises Price Target to $10
Portfolio Pulse from richadhand@benzinga.com
Cantor Fitzgerald analyst Louise Chen has upgraded Ardelyx (NASDAQ:ARDX) from Neutral to Overweight and raised the price target from $5 to $10.

August 25, 2023 | 9:04 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Ardelyx has been upgraded from Neutral to Overweight by Cantor Fitzgerald, with a price target increase from $5 to $10.
The upgrade from Neutral to Overweight by Cantor Fitzgerald indicates a positive outlook for Ardelyx. The doubling of the price target from $5 to $10 suggests that the analyst sees significant upside potential for the stock. This could lead to increased investor interest and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100