RBC says buy the dip in Oatly, upgrades stock to outperform

A carton of Oatly brand oat milk is arranged for a photograph in the Brooklyn borough of New York, U.S., on Wednesday, Sept. 16, 2020.
Gabby Jones | Bloomberg | Getty Images

The recent pullback for shares of Oatly gives investors an opportunity to buy into a long-term winner. , according to RBC Capital Markets.