UBS initiated coverage of Klarna (KLAR) with a Buy rating and $48 price target The company offers a “scaled two-sided network” in the “fast growing” buy now pay later market, the analyst tells investors in a research note. The shares offer an attractive entry point alongside potential upside as the industry gains greater share of overall commerce, the analyst tells investors in a research note.
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Read More on KLAR:
- Klarna Group Plc: Strong Buy Rating Driven by BNPL Market Position and Growth Potential
- Klarna’s Strategic Expansion and Undervaluation Present Promising Long-Term Investment Opportunity
- Klarna initiated with an Overweight at JPMorgan
- Klarna initiated with a Market Perform at Bernstein
- Klarna initiated with a Buy at Nordea
