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0.0122358803986711 0 0 0.00215946843853825 0.0053156146179402 0.0116279069767442 0.0117940199335548 0.0127906976744187
Stock impact report

Why Analysts Predict a November Surge for Viking Therapeutics Stock [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
Morgan analysts initiated coverage of the drugmaker at "overweight" and shared an optimistic view. Viking is developing weight-loss drugs that have boosted its stock after positive trial results since the start of this year, and analysts say it might happen again. In the long term, analysts predict that Viking's anticipated oral weight-loss drug could claim about 10% of the market in the years following its projected 2030 release. Viking Therapeutics ( VKTX ) shares rose more than 10% Wednesday after J.P. Morgan analysts initiated coverage of the company with an "overweight" rating and a price target of $80 per share, calling the company's oral weight-loss drug currently in clinical trials "underappreciated." Positive news on previous trials of Viking's weight-loss drugs, being developed in both oral and injectable forms , has sent Viking's stock skyrocketing more than once this year , and the analysts said they see another point in the coming months where that can happen agai Show less Read more
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