Klarna Group (NYSE:KLAR) Now Covered by Wedbush

Key Points

• Wedbush has initiated coverage on Klarna Group (NYSE:KLAR) with an "outperform" rating and a price target of $50.00, suggesting a potential upside of 23.18% from the current price.
• Other analysts, including Wolfe Research and Citigroup, also gave Klarna positive ratings, with a consensus rating of "Moderate Buy" and an average price target of $49.64.
• Klarna Group's stock opened at $40.59 and has fluctuated between a 52-week low of $35.60 and a high of $57.20.

Equities research analysts at Wedbush assumed coverage on shares of Klarna Group (NYSE:KLAR - Get Free Report) in a report released on Monday,Briefing.com Automated Import reports. The firm set an "outperform" rating and a $50.00 price target on the stock. Wedbush's target price would indicate a potential upside of 23.18% from the stock's current price.

Other equities research analysts also recently issued reports about the company. Wolfe Research assumed coverage on Klarna Group in a report on Monday. They set an "outperform" rating and a $50.00 price objective on the stock. Compass Point started coverage on Klarna Group in a research note on Tuesday, September 16th. They issued a "buy" rating and a $53.00 price target on the stock. Needham & Company LLC started coverage on Klarna Group in a report on Tuesday, September 16th. They set a "hold" rating for the company. Citigroup began coverage on shares of Klarna Group in a report on Monday. They issued a "buy" rating and a $58.00 target price on the stock. Finally, Bank of America began coverage on shares of Klarna Group in a report on Monday. They set a "buy" rating and a $51.00 price target for the company. Ten analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $49.64.

Klarna Group Stock Down 0.4%

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

Klarna Group Company Profile

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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