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Oatly Group price target raised to $11 from $10 at Barclays

Barclays raised the firm’s price target on Oatly Group (OTLY) to $11 from $10 and keeps an Overweight rating on the shares. The firm says that with sales trends having slowed further in Oatly’s key markets on a sequential basis, it now looks for full year organic sales growth that’s a bit below the company’s’ up 2%-4% guidance range.

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