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Barclays Sticks to Its Buy Rating for Oatly Group (OTLY)

Tipranks - Tipranks - Wed Jan 21, 3:44AM CST

Barclays analyst Andrew Lazar maintained a Buy rating on Oatly Group today and set a price target of $15.00.

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According to TipRanks, Lazar is a 2-star analyst with an average return of 0.1% and a 48.86% success rate. Lazar covers the Consumer Defensive sector, focusing on stocks such as The Hershey Company, Oatly Group, and Campbell Soup.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Oatly Group with a $15.67 average price target.

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Based on Oatly Group’s latest earnings release for the quarter ending October 28, the company reported a quarterly revenue of $222.8 million and a GAAP net loss of $65.29 million. In comparison, last year the company earned a revenue of $209.28 million and had a GAAP net loss of $34.77 million

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