BTIG Maintains Buy Rating for Viking Therapeutics: Here's What You Need To Know

BTIG has decided to maintain its Buy rating of Viking Therapeutics VKTX and raise its price target from $20.00 to $31.00.

Shares of Viking Therapeutics are trading up 4.15% over the last 24 hours, at $16.08 per share.

A move to $31.00 would account for a 92.79% increase from the current share price.

About Viking Therapeutics

Viking Therapeutics Inc is a healthcare 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 agonists of the thyroid hormone receptor beta. VK5211 is an orally available, non-steroidal selective androgen receptor modulator.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.