Tag: Downgrade

Bullish sentiments for Ardelyx, Inc and Target Corporation

ARDX– Ardelyx, Inc is a clinical stage bio-pharmaceutical company which develops therapeutic drugs for the treatment of Gastro-Intestinal and Cardio – Renal diseases. ARDX was given a “Buy”rating from Ladenburg Thalmann, and may be bullish today.

ARDX – Ardelyx, Inc.

Fundamentals Previously closed at 7.77
Day’s high 8.02
Day’s low 7.41
P/E ratio NA
EPS -0.76


Analysts opinion Out of the 4 wall street analysts covering the stock, all 4 have given this stock a “Strong Buy” rating. For the most recent quarter, Ardelyx reported a surprise factor of 12.16%. The Analyst consensus price target for the stock is $19.
Anapanor, Ardelyx’s lead investigational drug expected to cure IBS-C (Irritable bowel syndrome with constipation) is currently under Phase 3 clinical studies. According to study, there are approx. 4.4 million Americans, 6.6 million Europeans, and 3.4 Japanese suffering from IBS-C- a huge potential market for Anapanor.
Sentiments One of Ardelyx’s Director Gordon Ringold purchased 15,000 shares of the firm at $7.64 – $7.86 per share. This may cause further bullish investor sentiments
Social Media Pulse The stock has 100% lower chatter than usual.

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