Providing a diverse range of perspectives from bullish to bearish, 5 analysts have published ratings on Ardelyx (NASDAQ:ARDX) in the last three months.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
Bullish
Somewhat Bullish
Indifferent
Somewhat Bearish
Bearish
Total Ratings
1
4
0
0
0
Last 30D
0
1
0
0
0
1M Ago
1
1
0
0
0
2M Ago
0
2
0
0
0
3M Ago
0
0
0
0
0
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $14.4, a high estimate of $15.00, and a low estimate of $14.00. Marking an increase of 8.03%, the current average surpasses the previous average price target of $13.33.
Analyzing Analyst Ratings: A Detailed Breakdown
The standing of Ardelyx among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst
Analyst Firm
Action Taken
Rating
Current Price Target
Prior Price Target
Laura Chico
Wedbush
Maintains
Outperform
$15.00
-
Yigal Nochomovitz
Citigroup
Raises
Buy
$14.00
$13.00
Laura Chico
Wedbush
Raises
Outperform
$15.00
$14.00
Laura Chico
Wedbush
Raises
Outperform
$14.00
$13.00
Roanna Ruiz
Leerink Partners
Announces
Outperform
$14.00
-
Key Insights:
Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Ardelyx. This information provides a snapshot of ...Full story available on Benzinga.com
Benzinga
