Wedbush Reiterates Outperform on Ardelyx, Maintains $13 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Laura Chico has reiterated an Outperform rating on Ardelyx (NASDAQ:ARDX) and maintained a $13 price target.
February 23, 2024 | 1:03 pm
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Wedbush analyst Laura Chico reiterates an Outperform rating on Ardelyx, with a maintained price target of $13.
The reiteration of an Outperform rating and the maintenance of a $13 price target by a reputable analyst like Laura Chico from Wedbush could instill confidence among investors and potentially lead to a positive short-term impact on Ardelyx's stock price. Analyst ratings and price targets are significant indicators for investors, and positive reaffirmations can lead to increased investor interest and stock price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100