UBS Downgrades Klarna to Neutral, Lowers Price Target to $16

Benzinga Newsdesk www.benzinga.com Negative 86.9%

Neg 86.9% Neu 0% Pos 0%

UBS analyst Timothy Chiodo downgrades Klarna (NYSE:KLAR) from Buy to Neutral and lowers the price target from $23 to $16.