Mizuho Maintains Buy on Oatly Group, Lowers Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst John Baumgartner has maintained a 'Buy' rating on Oatly Group (NASDAQ:OTLY) but lowered the price target from $7 to $4.

October 12, 2023 | 5:36 pm
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NEUTRAL IMPACT
Mizuho has maintained a 'Buy' rating on Oatly Group but lowered the price target from $7 to $4.
While Mizuho's 'Buy' rating indicates a positive outlook for Oatly Group, the lowering of the price target from $7 to $4 could create some uncertainty among investors. This might lead to short-term volatility in the stock price, but the overall impact is neutral as the 'Buy' rating is still maintained.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100