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Stock impact report

2 Soaring Stocks That Could Climb Another 112% and 120%, According to Wall Street Analysts [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
Prices for both stocks have more than tripled in 2024 thanks to positive news flow for Viking's oral weight loss candidate and surprising results for Summit's cancer therapy hopeful. What goes up often comes down, but the investment bankers who follow these stocks expect further gains. Oppenheimer analyst Jay Olson Ulz thinks Viking Therapeutics can reach $138 per share for a gain of about 112% over recent prices. Yigal Nochomovitz at Citi says Summit Therapeutics stock can rise about 120% to $42 per share in the year ahead. The potential gains these stocks present investors are hard to ignore. Before getting carried away with their potential, it's important to remember lofty price targets set by Wall Street analysts are not guarantees. Here's a closer look at what needs to happen before these stocks meet Wall Street's bullish expectations. Viking Therapeutics Overall sales of weight management drugs have soared past $45 billion annually, and they have much further to run. Ove Show less Read more
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