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    Ardea Remains Neutral

    Tue, 08/17/2010 - 13:51 EDT - Wall Street Pit
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    We are maintaining our Neutral recommendation on Ardea Biosciences Inc. (RDEA) with a target price of $20.
    Ardea Biosciences, headquartered in San Diego, CA, focuses on the discovery and development of small-molecule therapeutics for the treatment of gout, human immunodeficiency virus (HIV) and cancer.
    Ardea recently reported disappointing second quarter 2010 results. The development stage biopharmaceutical company’s [...]

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