Piper Sandler Maintains Overweight on Oatly Group, Lowers Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Michael Lavery maintains an Overweight rating on Oatly Group (NASDAQ:OTLY) but lowers the price target from $4 to $3.
July 28, 2023 | 5:46 pm
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Piper Sandler has maintained an Overweight rating on Oatly Group but lowered the price target from $4 to $3.
The news is directly related to Oatly Group. While the Overweight rating is maintained, which is positive, the lowering of the price target from $4 to $3 might have a neutral to slightly negative impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100