Mizuho lowered the firm’s price target on Oatly Group (OTLY) to $24 from $32 and keeps an Outperform rating on the shares. The firm believes plant-based names may be most pressured by weak category fundamentals this earnings season.
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Read More on OTLY:
- Oatly Group Announces AGM and Key Financial Resolutions
- Largest borrow rate increases among liquid names
- Oatly Group files to sell 2.76M American Depositary Shares for holders
- Oatly Group price target lowered to $32 from $40 at Mizuho
- Oatly Group Stock (OTLY) Plummets, Then Surges 6.74% As Investors Digest Analyst Reports
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