Morgan Stanley Begins Coverage on Klarna Group (NYSE:KLAR)

Equities research analysts at Morgan Stanley started coverage on shares of Klarna Group (NYSE:KLAR) in a research note issued to investors on Monday,Benzinga reports. The firm set an “equal weight” rating and a $43.00 price target on the stock. Morgan Stanley’s target price indicates a potential upside of 5.93% from the stock’s current price.

A number of other equities research analysts have also recently commented on KLAR. UBS Group initiated coverage on shares of Klarna Group in a research note on Monday. They set a “buy” rating and a $48.00 target price on the stock. Wall Street Zen raised shares of Klarna Group to a “hold” rating in a report on Saturday, September 13th. Needham & Company LLC initiated coverage on shares of Klarna Group in a report on Tuesday, September 16th. They set a “hold” rating for the company. Finally, Compass Point initiated coverage on shares of Klarna Group in a report on Tuesday, September 16th. They set a “buy” rating and a $53.00 price objective for the company. Nine investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $49.92.

Klarna Group Trading Down 0.4%

KLAR opened at $40.59 on Monday. Klarna Group has a 1-year low of $35.60 and a 1-year 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.