HC Wainwright & Co. Reiterates Buy on Ardelyx, Maintains $11 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Ed Arce has reiterated a Buy rating on Ardelyx (NASDAQ:ARDX) and maintained a price target of $11.
November 01, 2024 | 8:09 pm
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HC Wainwright & Co. analyst Ed Arce has reiterated a Buy rating on Ardelyx and maintained a price target of $11, indicating confidence in the company's future performance.
The reiteration of a Buy rating and maintenance of a price target by a reputable analyst can positively influence investor sentiment and potentially lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100