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-0.000403144527312962 0.00080628905462621 0.00403144527313047 0.00524087885506965 0.00181415037290876 0.00786131828260432 0.0223745212658739 0.0161257810925218
Stock impact report

Why Viking Therapeutics Stock Popped 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
Truist Securities analyst Joon Lee just lowered his price target on the unprofitable biotech stock. Now why would investors think this is good news for Viking? 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 » The theory goes like this: Lee cut his price target on Viking from $95 to $75 a share, warning the company faces "intensifying competition in the obesity space" (as The Fly reports today). Yet even so, Lee says that 2025 will be a "year of execution" for Viking as it begins phase 3 clinical trials on its new GLP-1 obesity drug, VK2735. Good results from this trial could make Viking the third major investment play on weight loss, joining Novo Nordisk and Eli Lilly at the top of this market. That's the competition Lee is talking about: Novo and Lilly. But even if Viking doesn't win the market entirely, even capturing just a sliver of the multibillion-dollar global market for GLP-1 drugs c Show less Read more
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