Klarna Group (NYSE:KLAR) Now Covered by Analysts at The Goldman Sachs Group

Key Points

• Analysts at The Goldman Sachs Group have initiated coverage of Klarna Group (NYSE:KLAR), assigning a "buy" rating with a price target of $55.00, indicating a potential upside of 35.5% from its current price.
• A total of nine analysts currently rate Klarna Group as a "Buy," while four analysts have assigned a "Hold" rating, reflecting a consensus rating of "Moderate Buy" with an average target price of $49.92.
• Klarna Group's stock opened at $40.59 and has a 52-week trading range between a low of $35.60 and a high of $57.20.

Stock analysts at The Goldman Sachs Group started coverage on shares of Klarna Group (NYSE:KLAR - Get Free Report) in a research note issued to investors on Monday,Benzinga reports. The brokerage set a "buy" rating and a $55.00 price target on the stock. The Goldman Sachs Group's target price would indicate a potential upside of 35.50% from the stock's current price.

KLAR has been the subject of several other research reports. Compass Point started coverage on Klarna Group in a research note on Tuesday, September 16th. They set a "buy" rating and a $53.00 price objective for the company. UBS Group initiated coverage on Klarna Group in a research note on Monday. They set a "buy" rating and a $48.00 price objective for the company. Keefe, Bruyette & Woods initiated coverage on Klarna Group in a report on Monday. They issued an "outperform" rating and a $52.00 price objective for the company. Wall Street Zen upgraded Klarna Group to a "hold" rating in a research report on Saturday, September 13th. Finally, Morgan Stanley initiated coverage on Klarna Group in a research report on Monday. They set an "equal weight" rating and a $43.00 price objective on the stock. Nine equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $49.92.

Klarna Group Trading Down 0.4%

NYSE:KLAR opened at $40.59 on Monday. Klarna Group has a 52-week low of $35.60 and a 52-week high of $57.20.

About Klarna Group

Our mission is to reimagine how consumers spend and save in their daily lives. We help people save time, money and put them in control of their finances. Our vision is a world where Klarna empowers everyone, everywhere, through seamless commerce experiences-as a personalized, trusted assistant making financial empowerment effortless.

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