Compass Point Initiates Buy Rating on Klarna, Projects $53 Price Target
Financial MarketsKlarnaUpdated 14 hours ago

Compass Point Initiates Buy Rating on Klarna, Projects $53 Price Target

Compass Point has begun coverage of Klarna, assigning a 'Buy' rating and a price target of $53. The firm highlights Klarna's strong growth potential in the US market and improving profit margins, indicating a positive outlook for the company's future performance.

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Compass Point starts BNPL co Klarna at Buy on US growth and margin gains
PositiveFinancial Markets
Compass Point has initiated coverage of Klarna with a 'Buy' rating, citing strong growth potential in the US market and improving profit margins.
Editor’s Note: This is significant as Klarna, a major player in the Buy Now Pay Later (BNPL) sector, is expected to capitalize on the growing demand for flexible payment options in the US, which could lead to increased market share and profitability.
Compass Point initiates coverage on Klarna stock with Buy rating, $53 price target
PositiveFinancial Markets
Compass Point has started coverage on Klarna's stock, giving it a Buy rating and setting a price target of $53. This indicates a positive outlook for the company's future performance.
Editor’s Note: This matters because a Buy rating from a reputable firm like Compass Point can boost investor confidence in Klarna, potentially leading to increased stock prices and attracting more investment.

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