Klarna went public last month. Here’s what analysts have to say

Analysts are bullish on buy now, pay later stock Klarna one month after it went public in the New York Stock Exchange . The day before its debut, the Swedish fintech company priced shares at $40 a piece, valuing the company at about $15 billion. The stock rose 15% on its first trading day, closing at $45.82 each. However, the stock has dipped from that high, closing Friday's session at $40.69. In recent months, the company has attempted to shift its core business into more of a digital retail bank rather than a financier of short-term loans. Following the stock's 25-day quiet period, a smattering of sell-side shops initiated coverage on Klarna, with many holding an optimistic view on the stock. Here's what analysts from some of Wall Street's biggest banks had to say. UBS: Buy rating, $48 p