Oatly Group price target lowered to $32 from $40 at Mizuho

Mizuho analyst John Baumgartner lowered the firm’s price target on Oatly Group (OTLY) to $32 from $40 and keeps an Outperform rating on the shares. The firm lowered estimates, saying March consumer confidence softened while geopolitical uncertainty is likely to maintain demand for economization and groceries.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue