Spotlight on Viking Therapeutics: Analyzing the Surge in Options Activity
Portfolio Pulse from Benzinga Insights
Viking Therapeutics (NASDAQ: VKTX) has seen a surge in options activity, with significant trades indicating a mix of bullish and bearish sentiment. The price range targeted by these trades is between $49.0 and $130.0. The stock is currently trading at $51.8, up 2.64%, with a neutral RSI. Analysts have mixed ratings with a consensus target price of $105.0.
July 05, 2024 | 8:49 pm
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Viking Therapeutics has experienced a significant increase in options activity, with a mix of bullish and bearish trades. The stock is currently trading at $51.8, up 2.64%. Analysts have mixed ratings with a consensus target price of $105.0.
The surge in options activity, particularly with a significant amount of calls, suggests bullish sentiment among big-money traders. The stock's recent price increase and mixed analyst ratings with a high consensus target price further support a positive short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100