Viking Therapeutics's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
Viking Therapeutics (NASDAQ:VKTX) has seen significant bullish options activity, with 46% of trades being bullish and 30% bearish. The stock price is currently up 2.5% at $66.3, with analysts setting an average target price of $104.33. Notable options trades include calls with strike prices ranging from $40 to $100.
July 26, 2024 | 8:01 pm
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POSITIVE IMPACT
Viking Therapeutics has seen a significant amount of bullish options activity, with 46% of trades being bullish. The stock price is currently up 2.5% at $66.3, and analysts have set an average target price of $104.33. This indicates strong investor confidence in the stock's short-term performance.
The significant bullish options activity and the positive analyst ratings suggest strong investor confidence in Viking Therapeutics. The stock's current upward movement and high average target price further support a positive short-term outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100