Ardelyx (ARDX) Misses Q4 EPS by 3c

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Ardelyx, Inc (ARDX) PT Raised to $13 at H.C. Wainwright

February 23, 2024 6:08 AM EST

H.C. Wainwright analyst Ed Arce raised the price target on Ardelyx, Inc (NASDAQ: ARDX) to $13.00 (from $11.00) while maintaining a Buy rating.

The analyst comments "We project U.S. IBSRELA annual net sales growth of 84% in 2024. Yesterday, Ardelyx announced 2023 U.S. IBSRELA net sales for irritable bowel syndrome (IBS-C) of $80.1M, largely in-line with... More