Viking Therapeutics (VKTX) Tops Q4 EPS by 3c

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Viking Therapeutic (VKTX) PT Lowered to $20 at Maxim Group, Remains Bullish

March 14, 2019 7:35 AM EDT

Maxim Group analyst Jason McCarthy lowered the price target on Viking Therapeutic (NASDAQ: VKTX) to $20.00 (from $28.00) while maintaining a Buy rating following Q4.

Viking reported 4Q18 with a net loss of ($5.6M) and ended the year with $302M in cash on the balance sheet. Over the course of 2018, the NASH space continued to deliver positive data, in... More