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Stock impact report

Why Viking Therapeutics Stock Popped Again Today [Yahoo! Finance]

Viking Therapeutics, Inc. (VKTX) 
Last viking therapeutics, inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.vikingtherapeutics.com
Company Research Source: Yahoo! Finance
Viking stock inched higher Monday after Truist Securities analyst Joon Lee lowered his price target , while predicting the company will benefit from phase 3 clinical trial news on its new VK2735 weigh loss drug. Today, the shares are advancing by leaps and bounds on an even more positive endorsement from Cantor Fitzgerald's Steven Seedhouse, who says the stock is a buy, and predicts the $29 price will roughly quadruple to hit $104 within a year. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Seedhouse doesn't beat around the bush: "Our thesis is entirely focused on lead [injectable] drug, VK2735, a GLP-1/GIP dual agonist entering phase 3 development for general obesity." The fact that Viking is also looking to develop a VK2735 pill that would eliminate needles from the process, and that the company will have phase 2 data on that pill ready in the second quarter of 2025, is a plus for the ana Show less Read more
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