Barclays analyst Andrew Lazar lowered the firm’s price target on Oatly Group (OTLY) to $1 from $2 and keeps an Overweight rating on the shares. The firm says that while Oatly hopes to generate a second wave of oat milk category momentum, the company is managing its business in a way that is more aligned with current industry dynamics, leading to a positive EBITDA guide ace in 2025 in spite of softer than expected sales growth.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OTLY:
- Oatly Group AB’s Earnings Call Reveals Growth and Challenges
- Oatly Reports Promising Financial Turnaround in 2024
- Oatly Group Announces Financial Restructuring and Positive Growth Outlook for 2025
- Oatly Group reports Q4 EPS (15c), consensus (7c)
- Oatly Group announces discontinuation of China facility construction