Analyst Expectations For Ardelyx's Future
Portfolio Pulse from Benzinga Insights
Analysts have mixed ratings for Ardelyx (NASDAQ: ARDX) with a range of bullish to bearish sentiments. The average 12-month price target has increased to $14.5. Ardelyx has shown significant revenue growth but faces challenges with profitability and debt management.
June 20, 2024 | 6:00 pm
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Analysts have mixed ratings for Ardelyx, with an average 12-month price target of $14.5. The company has shown strong revenue growth but faces challenges with profitability and debt management.
The mixed analyst ratings and increased price target suggest a positive short-term outlook. However, challenges with profitability and debt management may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100