Viking Therapeutics Stock Has 72% Upside, According to 1 Wall Street Analyst [Yahoo! Finance]
Viking Therapeutics, Inc. (VKTX)
Last viking therapeutics, inc. earnings: 4/30 04:05 pm
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Source: Yahoo! Finance
Shares of Viking Therapeutics (NASDAQ: VKTX) have already risen more than four-fold this year. Despite Viking's rapid ascent Oppenheimer analyst, Jay Olson thinks it can climb much higher over the next 12 months. Olson recently raised his price target for Viking Therapeutics to $138 from $116 and kept an outperform rating on the stock. A better weight management drug? Oppenheimer's raised price target is a response to positive clinical trial results for an experimental weight-management therapy Viking Therapeutics is developing named VK2735. VK2735 is a dual GLP-1 and GIP agonist similar to tirzepatide from Eli Lilly . Tirzepatide is the active ingredient in Mounjaro, a diabetes treatment, and Zepbound which is approved for weight management. Estimates vary but analysts on Wall Street think annual tirzepatide sales can exceed $50 billion annually at its peak. In a mid-stage clinical trial, 35 patients treated with 15 milligrams of VK2735 per week achieved a 14.7% weight redu
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News
- Can This High-Flying Stock 10x in 10 Years? [Yahoo! Finance]Yahoo! Finance
- Viking Therapeutics, Inc. (NASDAQ:VKTX) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- 11 Oversold MidCap Stocks To Buy Now [Yahoo! Finance]Yahoo! Finance
- Viking Therapeutics, Inc. (NASDAQ: VKTX) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $90.00 price target on the stock.MarketBeat
- Viking Therapeutics, Inc. (NASDAQ: VKTX) was upgraded by analysts at StockNews.com to a "sell" rating.MarketBeat
VKTX
Earnings
- 4/24/24 - Beat
VKTX
Sec Filings
- 5/3/24 - Form 4
- 5/3/24 - Form 144
- 5/2/24 - Form 4
- VKTX's page on the SEC website