B. Riley Securities Keeps Their Buy Rating on Vanda (VNDA)
B. Riley Securities analyst Madison Elsaadi reiterated a Buy rating on Vanda today and set a price target of $14.00.
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According to TipRanks, Elsaadi is a 5-star analyst with an average return of 51.5% and a 53.33% success rate. Elsaadi covers the Healthcare sector, focusing on stocks such as Arrowhead Pharmaceuticals, Vanda, and Capricor Therapeutics.
In addition to B. Riley Securities, Vanda also received a Buy from H.C. Wainwright’s Ram Selvaraju in a report issued today. However, on February 13, TipRanks – xAI reiterated a Hold rating on Vanda (NASDAQ: VNDA).
Based on Vanda’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $57.22 million and a GAAP net loss of $141.19 million. In comparison, last year the company earned a revenue of $53.19 million and had a GAAP net loss of $4.91 million
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