Oatly Group price target lowered to $14 from $17 at DA Davidson

DA Davidson lowered the firm’s price target on Oatly Group (OTLY) to $14 from $17 and keeps a Buy rating on the shares. The company’s greenshoots within the portfolio – Europe acceleration and North America distribution gains – are currently obfuscated by short-term headwinds such as customer attrition, the analyst tells investors in a research note. The firm adds however that there could be a path to mid single total revenue growth by the second half of FY26 that would yield concurrent margin expansion, even though the stock’s “show me” component and broader Food multiple contraction could keep shares range-bound a bit longer.