Klarna Group (NYSE:KLAR) Raised to Hold at Zacks Research

Key Points

• Klarna Group has been upgraded to a "hold" rating by Zacks Research, indicating a cautious outlook on the stock's performance.
• Other analysts, including Wall Street Zen and Rothschild & Co, also assigned "hold" or "neutral" ratings with price targets ranging between $43.00 and $46.00.
• Klarna Group's stock saw a 2.1% increase on Tuesday, opening at $42.20, with a 1-year price range between $35.60 and $57.20.

Klarna Group (NYSE:KLAR - Get Free Report) was upgraded by equities researchers at Zacks Research to a "hold" rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Other analysts also recently issued reports about the company. Wall Street Zen raised Klarna Group to a "hold" rating in a research note on Saturday, September 13th. Rothschild & Co Redburn initiated coverage on shares of Klarna Group in a research note on Monday. They issued a "neutral" rating and a $46.00 price objective on the stock. Morgan Stanley began coverage on shares of Klarna Group in a report on Monday. They issued an "equal weight" rating and a $43.00 target price on the stock. Rothschild Redb raised shares of Klarna Group to a "hold" rating in a report on Monday. Finally, BNP Paribas Exane assumed coverage on Klarna Group in a report on Monday. They issued a "neutral" rating and a $46.00 price objective on the stock. Ten investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $49.64.

Klarna Group Stock Up 2.1%

Shares of NYSE:KLAR opened at $42.20 on Tuesday. Klarna Group has a 1-year low of $35.60 and a 1-year 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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