Barclays lowered the firm’s price target on Oatly Group to $2 from $3 and keeps an Overweight rating on the shares. The analyst thinks Oatly’s new stronger before bigger strategy is the right approach.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on OTLY:
- Oatly Group downgraded to Sector Perform from Outperform at RBC Capital
- Oatly Group price target lowered to $3 from $4 at Piper Sandler
- Oatly Group sees 2023 revenue growth 7%-12%, consensus $895.02M
- Oatly Group reports Q2 EPS (15c), consensus (12c)
- Oatly Reports Second Quarter 2023 Financial Results