JP Morgan Downgrades Oatly Group to Neutral
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Ken Goldman has downgraded Oatly Group (NASDAQ:OTLY) from Overweight to Neutral.
August 04, 2023 | 10:44 am
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Oatly Group's stock rating has been downgraded from Overweight to Neutral by JP Morgan.
Analyst ratings often influence the stock price. A downgrade from Overweight to Neutral suggests that the analyst sees less upside potential in the stock, which could lead to selling pressure and a potential decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100