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Morgan Stanley Initiates Coverage On Adarx Pharmaceuticals with Overweight Rating, Announces Price Target of $32

Oct 20, 2026 · 05:54 AM ET· updated 10h ago

Morgan Stanley analyst Michael Ulz initiates coverage on Adarx Pharmaceuticals (NASDAQ:ADRX) with a Overweight rating and announces Price Target of $32.

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Why It Matters

A big investment bank started watching Adarx Pharmaceuticals closely. They think it looks like a good company to own.

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