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0 0 0.000374041518608624 -0.000187020759304246 0.00056106227791287 -0.00130914531512998 -0.00130914531512998 0.00486253974191145
Stock impact report

Billionaire Ken Griffin Invested $93 Million of Citadel's Portfolio in a Stock That Could Rocket 105% Higher, According to a Wall Street Analyst [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
In the third quarter, Griffin and Citadel more than tripled its stake in Viking Therapeutics (NASDAQ: VKTX) . Griffin isn't the only one enthusiastic about this clinical-stage drugmaker. Wall Street analysts are sticking their necks out and predicting big gains around the corner. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » Recently, B. Riley analyst Mayank Mamtani initiated coverage of Viking Therapeutics with a buy rating. He gave the stock a $109 price target that implies a gain of about 105% from recent prices. It's hard to overstate the level of demand out there for drugs that reduce appetites and blood sugar by activating glucagon-like peptide-1 (GLP-1) receptors. Sales of semaglutide, which Novo Nordisk markets as Wegovy for weight loss and as Ozempic for diabetes, reached $19.7 billion during the first nine months of 2024. Semaglutide has been on the market since 2018, and it could soon be overtaken by Eli Show less Read more
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