Schaeffer's Top Stock Picks for '25

Oatly Stock Pops After Analyst Praises Revenue Potential

The brokerage bunch is firmly bullish towards the Wall Street newbie

Digital Content Manager
Oct 8, 2021 at 9:04 AM
facebook X logo linkedin


Plant-based milk name Oatly Group (NASDAQ:OTLY) is surging today, last seen up 6.9% at $15.75 ahead of the bell, after the security received an upgrade from J.P. Morgan Securities to "overweight" from "neutral." The analyst in coverage praised Oatly's revenue potential, and added the stock's chances of upside are currently "far greater" than the downside risk.

Prior to this bull note, the security had been trending lower. Overhead pressure at the 40-day moving average came into place in July, shortly after the stock surged to a June 14, record high of $29. And while the shares have since bounced off their all-time low of $12.84, OTLY has lost 37.2% in the last three months, after going public in May with an initial public offering (IPO) of $17. 

The brokerage bunch was already bullish towards the Wall Street newbie coming into today. Specifically, 10 of the 14 analysts in coverage called Oatly stock a "buy" or better, while only four said "hold." Plus, the 12-month consensus target price of $27.46 is a jaw-dropping 73.8% premium to last night's close.

 

 

 

 

 
 

You have the chance to join one of Bernie's most exclusive programs, complete access at HUGE savings!

As we prepare for a new administration to take the reins in Washington, the near-term market landscape is rife with uncertainty.

The Federal Reserve has already hinted at the turbulence ahead, lowering its interest rate outlook for 2025.

Meanwhile, breakthroughs in artificial intelligence (AI), quantum computing, and other transformative sectors have unlocked incredible profit potential.

But these opportunities are fleeting, and timing is everything. That's where Quick-Hit Trader comes in.

Quick-Hit Trader is designed for precision and speed, getting you in and out of the market in a flash. While other investors scramble to navigate volatile conditions, you'll have access to expertly curated trades that leverage these rapid shifts to deliver explosive profits in short order.

This is your chance to capitalize on the fast-moving market like never before. Are you ready to make your move?

 

 

(function(doc, script) { var js, fjs = doc.getElementsByTagName(script)[0], frag = doc.createDocumentFragment(), add = function(url, id) { if (doc.getElementById(id)) {return;} js = doc.createElement(script); js.src = url; id && (js.id = id); frag.appendChild( js ); }; // Google+ button //add('https://apis.google.com/js/platform.js', async="defer"); // Facebook SDK add('//connect.facebook.net/en_US/all.js#xfbml=1&appId=772755279557744', 'facebook-jssdk'); // Twitter SDK //add('//platform.twitter.com/widgets.js', charset='utf-8'); fjs.parentNode.insertBefore(frag, fjs); }(document, 'script'));