Wedbush Maintains Outperform on Ardelyx, Raises Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Laura Chico maintains an Outperform rating on Ardelyx (NASDAQ:ARDX) and raises the price target from $14 to $15.
May 03, 2024 | 1:31 pm
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Wedbush analyst Laura Chico reaffirms an Outperform rating on Ardelyx and increases the price target from $14 to $15.
The increase in price target by a reputable analyst like Laura Chico suggests a strong confidence in Ardelyx's future performance. This kind of positive analyst coverage typically leads to increased investor interest and can drive the stock price up in the short term.
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IMPORTANCE 90
RELEVANCE 100