Morgan Stanley cuts Klarna price target on worsening European outlook

The story

Morgan Stanley cut its price target for Klarna while maintaining the current Equal Weight rating. The move was reportedly prompted by a worsening outlook for the European market.

The article specifically notes that the price target was reset from $21 to $17. Klarna is mentioned as a company listed on the NYSE.

At a glance

InstrumentKlarna (NYSE:KLAR)

Target priceCut from $21 to $17

RatingEqual weight maintained

ReasonReview prompted by a worsening European outlook

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