UBS initiates ADARx Pharmaceuticals at Buy with $35 target
Bullish analyst initiation with substantial implied upside, tempered by the absence of supporting detail.
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Bullish analyst initiation with substantial implied upside, tempered by the absence of supporting detail.
What happened, with direct paths to the underlying reporting
UBS initiated coverage of ADRX with a Buy rating and a $35 target versus the posted price of $17.63, implying roughly 99% upside to the target. Analyst targets are opinions, and the record provides no supporting rationale.
Target: $35
Posted price: $17.63
Analyst firm: UBS
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