Why Viking Therapeutics Is Trading Higher Today


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Viking Therapeutics Inc (NASDAQ:VKTX) shares are trading higher on Friday.

BMO Capital initiated coverage on the stock with an Outperform rating and a price target of $14 per share.

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Viking Therapeutics is a health care service provider. The company specializes in the area of biopharmaceutical development focused on metabolic and endocrine disorders. The company's clinical program pipeline consists of VK2809, VK5211, VK0214 products. VK2809 and VK0214 are orally available, tissue and receptor-subtype selective agonist of the thyroid hormone receptor beta.

Viking Therapeutics shares are trading up 3.23% at $7.36 on Friday. The stock has a 52-week range between $8.87 and $3.26.

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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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