Wedbush Initiates Coverage on Klarna Group (NYSE:KLAR)

Research analysts at Wedbush initiated coverage on shares of Klarna Group (NYSE:KLAR) in a research report issued to clients and investors on Monday,Briefing.com Automated Import reports. The brokerage set an “outperform” rating and a $50.00 price target on the stock. Wedbush’s price objective points to a potential upside of 23.18% from the company’s current price.

Several other equities research analysts also recently issued reports on KLAR. The Goldman Sachs Group began coverage on shares of Klarna Group in a research report on Monday. They set a “buy” rating and a $55.00 price objective for the company. Needham & Company LLC started coverage on Klarna Group in a research note on Tuesday, September 16th. They issued a “hold” rating on the stock. Citigroup initiated coverage on Klarna Group in a research report on Monday. They set a “buy” rating and a $58.00 price objective for the company. Keefe, Bruyette & Woods began coverage on Klarna Group in a research report on Monday. They issued an “outperform” rating and a $52.00 target price on the stock. Finally, JPMorgan Chase & Co. initiated coverage on Klarna Group in a research report on Monday. They set an “overweight” rating and a $50.00 price target for the company. Ten equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $49.64.

Klarna Group Trading Down 0.4%

NYSE: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.