Viking Therapeutics Stock Could Soar 45% Ahead Of Key Weight Loss Drug Readout: JPMorgan
VKTXViking Therapeutics(VKTX) Benzinga·2024-09-12 01:55

JPMorgan analyst Hardik Parikh initiated coverage on Viking Therapeutics Inc VKTX with an Overweight rating and a December 2025 price target of 80,whichimpliesapotential4580, which implies a potential 45% upside from its current price of 54.65.At the core of this bullish outlook is Viking’s obesity drug candidate, oral-2735, which could be a significant player in the rapidly expanding GLP-1 market.Oral-2735 Could Be A Game ChangerJPMorgan highlights oral-2735's potential as a highly competitive treatment in the GLP-1 market, partic ...