RBC Capital Downgrades Oatly Group to Sector Perform
Portfolio Pulse from richadhand@benzinga.com
RBC Capital's analyst Nik Modi has downgraded Oatly Group (NASDAQ:OTLY) from Outperform to Sector Perform.
July 31, 2023 | 9:26 am
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Oatly Group has been downgraded by RBC Capital from Outperform to Sector Perform, which may impact its stock price.
Analyst ratings often influence the stock price. A downgrade from Outperform to Sector Perform suggests that the analyst believes the stock may not outperform the market anymore, which could lead to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100