Akebia Therapeutics Reports Second Quarter 2024 Financial Results and Recent Business Highlights

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Akebia Therapeutics (AKBA) PT Raised to $7.50 at H.C. Wainwright

August 12, 2024 6:13 AM EDT

H.C. Wainwright analyst Ed Arce raised the price target on Akebia Therapeutics (NASDAQ: AKBA) to $7.50 (from $6.00) while maintaining a Buy rating.

The analyst comments "Akebia is focused on the long game, with pre-commercial execution preparing for Vafseo as the standard-of-care. As previously announced, Akebia submitted its TDAPA application in June. Akebia expects to have a CPT code assigned in October 2024 and full TDAPA designation by January 1, 2025. In... More