On June 30, 2025, HC Wainwright & Co. announced the initiation of coverage on Aardvark Therapeutics (AARD, Financial) with a "Buy" rating. The analyst leading this coverage, Raghuram Selvaraju, has set a price target of USD 40.00 for the stock.
This marks the first time that HC Wainwright & Co. has provided guidance on Aardvark Therapeutics (AARD, Financial), as there was no prior rating or price target associated with the stock from this analyst.
The coverage initiation by HC Wainwright & Co. could potentially attract investor attention to Aardvark Therapeutics (AARD, Financial), especially given the "Buy" rating and the strategic price target of USD 40.00.