Wedbush Reiterates Outperform on Ardelyx, Maintains $7 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Laura Chico has reiterated an Outperform rating on Ardelyx (NASDAQ:ARDX), maintaining a $7 price target.
September 13, 2023 | 1:40 pm
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Wedbush analyst Laura Chico has reiterated an Outperform rating on Ardelyx, maintaining a $7 price target.
The reiteration of an Outperform rating by a reputable analyst like Laura Chico from Wedbush is a positive signal for Ardelyx. The maintained price target of $7 also indicates confidence in the company's performance, which could potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100