Viking Therapeutic's (VKTX) Obesity Data Seen as 'Impressive'
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Viking Therapeutic (VKTX) PT Raised to $80 at Stifel, '“Best-in-Class” Profile of Injectable VK2735 Stands Firm'
February 27, 2024 12:06 PM ESTStifel analyst Samimy Annabel raised the price target on Viking Therapeutic (NASDAQ: VKTX) to $80.00 (from $35.00) while maintaining a Buy rating.
The analyst comments "Ahead of schedule, VKTX released the Ph.2 VENTURE data for injectable-VK2735, which again demonstrated a highly competitive profile relative to... More
Deutsche Bank Comments on Eli Lilly (LLY)
February 27, 2024 8:49 AM ESTDeutsche Bank analyst James Shin reiterated a Hold rating and $695.00 price target on Eli Lilly (NYSE: LLY).
The analyst comments "n our view, VKTX's Ph2 VENTURE data shows the GLP1 market could eventually be more than a LLY/NOVO duopoly and the development playbook is no secret. That said, manufacturing parenteral GLP1s at scale... More
Viking Therapeutics (VKTX) stock surges after phase 2 Venture trial meets primary and secondary endpoints
February 27, 2024 8:40 AM ESTViking Therapeutics (NASDAQ: VKTX) shares surged more than 80% premarket Monday after the company announced positive top-line results from its Phase 2 clinical trial of VK2735.
VK2735 is a medicine that may help treat obesity and other metabolic disorders. It works by targeting to... More
Novo Nordisk (NVO), Lilly (LLY) Decline Following Positive Data from Viking Therapeutics (VKTX)
February 27, 2024 7:40 AM ESTNovo Nordisk (NYSE: NVO), Lilly (NYSE: LLY) Decline Following Positive Data from Viking Therapeutics, Inc. (NASDAQ: VKTX)
Viking Therapeutics Announces Positive Top-Line Results from Phase 2 VENTURE Trial of Dual GLP-1/GIP Receptor Agonist VK2735 in... MoreViking Therapeutics (VKTX) Announces Positive Top-Line Results from Phase 2 VENTURE Trial of Dual GLP-1/GIP Receptor Agonist VK2735 in Patients with Obesity
February 27, 2024 7:03 AM ESTViking Therapeutics, Inc. ("Viking") (NASDAQ: VKTX), a clinical-stage biopharmaceutical company focused on the development of novel therapies for metabolic and endocrine disorders, today announced positive top-line results from the company's Phase 2 clinical trial of VK2735, a dual agonist of the glucagon-like peptide 1 (GLP-1) and glucose-dependent insulinotropic polypeptide (GIP) receptors in development for the potential treatment of various metabolic disorders such as obesity. The Phase 2 VENTURE trial successfully achieved its primary endpoint and all secondary endpoints, with patients receiving VK2735 demonstrating statistically significant reductions in body weight compared with placebo. Additionally, the study... More
