Oatly Group price target lowered to $1 from $2 at Barclays

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.