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  "documentTitle": "Oatly Group AB (OTLY)",
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  "authorName": "Ben Axler",
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  "notes": "Uses a 'before-after' narrative structure to discredit an analyst's current credibility.",
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      "text": "William B. Chappell Jr",
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      "text": "In June 2015, the CEO resigned, and Boulder was acquired for $11/share, or 52% below Chappell’s price target.",
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      "text": "Chappell Ups Boulder Price Target To $23/share – May 2014",
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      "text": "Oatly’s average analyst price target is $30.82 per share, but Truist (Formerly SunTrust Robinson Humphrey) has a Street high $35/share price target. Its most bullish analyst is William B. Chappell, Jr. We have a history of calling out this analyst’s overly promotional and bullish stock calls related to Boulder Brands (Nasdaq: BDBD), another food fad “growth” story.(1) Boulder ultimately took a significant goodwill impairment charge in Q3’2014 and guided results significantly below estimates by finally admitting headwinds in its spreads business and margin pressures. In June 2015, the CEO resigned, and Boulder was acquired for $11/share, or 52% below Chappell’s price target.",
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      "text": "1) Ben Axler co-authored a report with Prescience Point calling out the accounting strains and pressures observed in Boulder's reporting, Feb 2013, Mar 2013",
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      "text": "Chappell Street High Price Target On Oatly",
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