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ARDX

Ardelyx

$5.71

-0.08 (-1.38%)

15:42
09/12/19
09/12
15:42
09/12/19
15:42

Ardelyx up 13.5% to $6.58 after resuming trade following FDA approval of Ibsrela

  • 12

    Sep

  • 16

    Sep

ARDX Ardelyx
$5.71

-0.08 (-1.38%)

04/08/19
04/08/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Ardelyx (ARDX) initiated with an Overweight at Piper Jaffray. 2. Parker Drilling (PKD) initiated with an Outperform at Imperial Capital. 3. Frontdoor (FTDR) initiated with a Buy at Guggenheim. 4. Barnes & Noble Education (BNED) initiated with a Buy at Needham. 5. PlayAGS (AGS) initiated with a Buy at Roth Capital. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
09/03/19
PIPR
09/03/19
NO CHANGE
Target $15
PIPR
Overweight
Ardelyx trial results a 'home run,' says Piper Jaffray
Piper Jaffray analyst Christopher Raymond said he is incrementally positive on Ardelyx and expects the shares to move up "sharply" after the company reported top-line data on lead drug tenapanor's AMPLIFY trial. The "home run" trial results showed that not only can adding tenapanor to a binder lower serum phosphorus significantly, it can do so relatively safely, said Raymond, who expects results from tenapanor's second Phase 3 pivotal trial by year-end and an NDA submission early next year. He keeps an Overweight rating and $15 price target on Ardelyx shares, which are up 15% to $3.92 in early trading.
09/09/19
PIPR
09/09/19
NO CHANGE
Target $15
PIPR
Overweight
Piper still sees 'substantial upside' in Ardelyx despite last week's rally
Piper Jaffray analyst Christopher Raymond says he still expects "substantial upside" in shares of Ardelyx even after last week's 43% move. While Amplify's more "real world" representation assuaged the key investor concern around tenapanor's adverse event-related discontinuations, the market still hasn't grasped tenapanor's full market potential in the renal setting, Raymond tells investors in a research note. Feedback from a recent nephrologist survey indicates "significant" awareness, interest and willingness to prescribe tenapanor, adds the analyst. He sees the drug's revenue potential "at well" over $1B in the U.S. alone. As such, Raymond continues to view his $15 target as a "more appropriate valuation" than current share levels. He maintains an Overweight rating on Ardelyx.
09/12/19
PIPR
09/12/19
NO CHANGE
Target $15
PIPR
Overweight
Piper says Ardelyx IBS-C nod de-risks 'real value driver' of hyperphosphatemia
After Ardelyx announced that the FDA has approved Ibsrela for the treatment of irritable bowel syndrome with constipation, or IBS-C, Piper Jaffray analyst Christopher Raymond said he does not model any value from this indication, but he sees the approval "materially de-risking" approval for hyperphosphatemia, which he views as the "real value driver" for Ardelyx. The analyst, who still sees a significant disconnect between tenapanor's potential in the renal space and the market's current view, despite the stock's 114% quarter-to-date advance, keeps an Overweight rating on Ardelyx shares with a $15 price target.

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DIS

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MDT

Medtronic

$112.11

2.9 (2.66%)

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BR

Broadridge

$119.80

0.485 (0.41%)

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MCD

McDonald's

$193.95

-0.02 (-0.01%)

, MDT

Medtronic

$112.11

2.9 (2.66%)

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MCD

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$193.95

-0.02 (-0.01%)

MDT

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$112.11

2.9 (2.66%)

KO

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0.03 (0.06%)

PRU

Prudential

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0.82 (0.88%)

SYF

Synchrony

$37.05

0.34 (0.93%)

KEY

KeyCorp

$18.96

0.1 (0.53%)

T

AT&T

$39.49

0.53 (1.36%)

AMGN

Amgen

$220.84

2.29 (1.05%)

CSCO

Cisco

$45.10

0.18 (0.40%)

RCL

Royal Caribbean

$117.91

2.69 (2.33%)

MRK

Merck

$84.89

0.33 (0.39%)

JNJ

Johnson & Johnson

$134.97

3.99 (3.05%)

MSFT

Microsoft

$149.95

1.89 (1.28%)

JPM

JPMorgan

$129.51

0.83 (0.65%)

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AMZN

Amazon.com

$1,737.49

-17.22 (-0.98%)

, MSFT

Microsoft

$149.95

1.89 (1.28%)

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On The Fly
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AMZN

Amazon.com

$1,737.49

-17.22 (-0.98%)

MSFT

Microsoft

$149.95

1.89 (1.28%)

AAPL

Apple

$265.73

3.07 (1.17%)

CI

Cigna

$196.08

6.41 (3.38%)

CNC

Centene

$57.57

2.91 (5.32%)

CVS

CVS Health

$74.27

1.34 (1.84%)

HUM

Humana

$335.43

17.48 (5.50%)

UNH

UnitedHealth

$269.44

13.68 (5.35%)

WCG

WellCare

$312.01

10.155 (3.36%)

HNT

Health Net

$0.00

(0.00%)

MOH

Molina Healthcare

$129.60

7.3 (5.97%)

ANTM

Anthem

$298.18

16.14 (5.72%)

HCA

HCA Healthcare

$137.98

3.51 (2.61%)

CYH

Community Health

$3.12

0.25 (8.71%)

LPNT

LifePoint

$0.00

(0.00%)

UHS

Universal Health

$144.30

3.13 (2.22%)

THC

Tenet

$30.55

1.08 (3.66%)

GM

General Motors

$36.87

0.07 (0.19%)

FCAU

Fiat Chrysler

$16.02

0.04 (0.25%)

TM

Toyota

$144.29

1.16 (0.81%)

F

Ford

$8.96

0.16 (1.82%)

HMC

Honda

$28.99

0.155 (0.54%)

VWAGY

Volkswagen

$0.00

(0.00%)

BMWYY

BMW

$0.00

(0.00%)

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  • 06

    Feb

MDCO

The Medicines Co.

$51.92

1.03 (2.02%)

04:55
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Conference/Events
Roth Capital pharmaceuticals analysts to hold a luncheon »

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  • 16

    Nov

CVET

Covetrus

$14.93

1.44 (10.67%)

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CMCSK

Comcast

$0.00

(0.00%)

, CMCSA

Comcast

$44.54

-0.93 (-2.05%)

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CMCSK

Comcast

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CMCSA

Comcast

$44.54

-0.93 (-2.05%)

VIAB

Viacom

$23.07

0.59 (2.62%)

VIA

Viacom

$26.59

1.28 (5.06%)

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  • 09

    Dec

CWK

Cushman & Wakefield

$19.10

0.1 (0.53%)

17:48
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  • 12

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LMT

Lockheed Martin

$393.52

3.305 (0.85%)

17:39
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Lockheed Martin awarded maximum $3.33B Air Force contract »

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ESCA

Escalade

$10.90

-0.09 (-0.82%)

17:38
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Escalade CEO Fetherman to retire »

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CZR

Caesars

$12.96

0.1 (0.78%)

, ERI

Eldorado Resorts

$52.10

0.93 (1.82%)

17:38
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Hot Stocks
Eldorado, Caesars stockholders approve Eldorado acquisition of Caesars »

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CZR

Caesars

$12.96

0.1 (0.78%)

ERI

Eldorado Resorts

$52.10

0.93 (1.82%)

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  • 15

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EGRX

Eagle Pharmaceuticals

$57.24

0.55 (0.97%)

17:15
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Syndicate
Breaking Syndicate news story on Eagle Pharmaceuticals »

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FN

Fabrinet

$60.82

0.84 (1.40%)

17:11
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Hot Stocks
Fabrinet President Gill sells 12.9K shares of common stock »

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  • 12

    Dec

TEUM

Pareteum

$0.38

-0.0209 (-5.21%)

17:05
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Pareteum receives noncompliance notice from Nasdaq »

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HEXO

Hexo

$1.78

-0.1 (-5.32%)

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AMGN

Amgen

$220.84

2.29 (1.05%)

, CELG

Celgene

$110.02

-0.01 (-0.01%)

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AMGN

Amgen

$220.84

2.29 (1.05%)

CELG

Celgene

$110.02

-0.01 (-0.01%)

BMY

Bristol-Myers

$58.61

0.11 (0.19%)

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RAVE

Rave Restaurant

$1.44

-0.79 (-35.43%)

16:47
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BBRC Asset Management reports 6.6% passive stake in Rave Restaurant »

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CHAP

Chaparral Energy

$0.89

-0.0521 (-5.52%)

16:46
11/15/19
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16:46
Hot Stocks
Chaparral Energy receives continued listing standard notice from NYSE »

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16:45
11/15/19
11/15
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16:45
General news
Breaking General news story  »

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Breaking General news story  »

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CI

Cigna

$196.08

6.41 (3.38%)

, CNC

Centene

$57.57

2.91 (5.32%)

16:41
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On The Fly
Fly Intel: Wall Street's top stories for Friday »

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CI

Cigna

$196.08

6.41 (3.38%)

CNC

Centene

$57.57

2.91 (5.32%)

CVS

CVS Health

$74.27

1.34 (1.84%)

HUM

Humana

$335.43

17.48 (5.50%)

UNH

UnitedHealth

$269.44

13.68 (5.35%)

WCG

WellCare

$312.01

10.155 (3.36%)

HNT

Health Net

$0.00

(0.00%)

MOH

Molina Healthcare

$129.60

7.3 (5.97%)

ANTM

Anthem

$298.18

16.14 (5.72%)

HCA

HCA Healthcare

$137.98

3.51 (2.61%)

CYH

Community Health

$3.12

0.25 (8.71%)

LPNT

LifePoint

$0.00

(0.00%)

UHS

Universal Health

$144.30

3.13 (2.22%)

NVDA

Nvidia

$204.12

-5.76 (-2.74%)

AMZN

Amazon.com

$1,739.33

-15.38 (-0.88%)

MSFT

Microsoft

$149.95

1.89 (1.28%)

UAA

Under Armour

$17.78

0.65 (3.79%)

UA

Under Armour

$15.97

0.41 (2.64%)

AMRN

Amarin

$23.99

2.5 (11.63%)

JNJ

Johnson & Johnson

$134.97

3.99 (3.05%)

GOOG

Alphabet

$1,334.01

21.82 (1.66%)

GOOGL

Alphabet Class A

$1,333.33

23.54 (1.80%)

ORCL

Oracle

$56.43

0.33 (0.59%)

RH

RH

$188.73

13.535 (7.73%)

QGEN

Qiagen

$40.56

3.255 (8.73%)

FTCH

Farfetch

$9.66

2.17 (28.97%)

THC

Tenet

$30.55

1.08 (3.66%)

TORC

resTORbio

$1.10

-6.83 (-86.13%)

ACB

Aurora Cannabis

$2.72

-0.57 (-17.33%)

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NYT

New York Times

$31.60

0.44 (1.41%)

16:41
11/15/19
11/15
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16:41
Hot Stocks
New York Times CEO sells 66,000 class A common shares »

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  • 09

    Dec

WEX

Wex

$200.52

4.61 (2.35%)

16:41
11/15/19
11/15
16:41
11/15/19
16:41
Hot Stocks
Wex director Morris sells 3K shares of common stock »

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