Will Viking Therapeutics Get Acquired?
Viking Therapeutics (NASDAQ: VKTX) has been one of the hottest healthcare stocks of 2024. Shares of the company have risen by 285% thus far, and that's even factoring in a recent pullback in price. Investors have become excited about the company's long-term prospects, as it has a promising weight-loss drug in its portfolio. And in a time when weight-loss drugs are all the rage in healthcare, investors are more than just a little optimistic about how much higher the stock can go.
Given all this attention on Viking and the company having a significant asset in its portfolio, it's worth considering whether an acquisition may be looming. A larger pharma company, for instance, may see significant value in Viking; an acquisition may make more sense than spending time and money on developing its own weight-loss drug in-house.
Is Viking Therapeutics a stock that's likely to get bought out in the near future, and if that happens, what does that mean for investors?
Source Fool.com
Viking Therapeutics Inc Stock
Viking Therapeutics Inc is currently one of the favorites of our community with 6 Buy predictions and no Sell predictions.
With a target price of 100 € there is a positive potential of 49.25% for Viking Therapeutics Inc compared to the current price of 67.0 €.
