Wedbush Reiterates Outperform on Ardelyx, Maintains $11 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Laura Chico has reiterated an Outperform rating on Ardelyx (NASDAQ:ARDX) and maintained a price target of $11.
July 18, 2024 | 1:43 pm
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Wedbush analyst Laura Chico has reiterated an Outperform rating on Ardelyx and maintained a price target of $11, indicating continued confidence in the company's performance.
The reiteration of an Outperform rating and the maintenance of a price target at $11 by a reputable analyst suggests positive sentiment and confidence in Ardelyx's future performance. This is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100