Smart Money Is Betting Big In VKTX Options
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bearish sentiment towards Viking Therapeutics (NASDAQ:VKTX) through significant options trading activities. The majority of the trades are bearish, with a focus on a price range between $20.0 and $75.0. The stock is currently trading at $49.63, down by 0.42%, with a neutral RSI. Analysts have mixed ratings with price targets ranging from $90 to $105.

July 18, 2024 | 5:01 pm
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Viking Therapeutics (VKTX) is experiencing significant bearish sentiment from large investors through options trading. The stock is currently down 0.42% at $49.63. Analysts have mixed ratings with price targets ranging from $90 to $105.
The significant bearish sentiment from large investors, as indicated by the options trading data, suggests a potential short-term decline in VKTX's stock price. The mixed analyst ratings add to the uncertainty, but the overall sentiment leans bearish.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100