Ladenburg analyst Matthew Kaplan raised the firm’s price target on Ardelyx to $11.50 from $10.50 and keeps a Buy rating on the shares. The firm continues to be impressed with the launch of IBSRELA and is modeling a 2024 revenue estimate of $144.6M, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on ARDX: