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barclays downgrades volvo traton and daimler truck amid market uncertainties

Barclays has downgraded Volvo, Daimler Truck, and Traton in the European truck sector, citing increasing tariffs, macroeconomic, and regulatory risks, particularly in North America. Analysts express concerns over the sustainability of the sector's recent performance and warn that optimistic market expectations for 2025 may be misplaced. Volvo's stock was cut to Underweight due to margin misses and a challenging outlook, while Traton and Daimler face pressures that limit near-term growth prospects.

barclays downgrades volvo daimler and traton amid rising market uncertainties

Barclays has downgraded Volvo, Daimler Truck, and Traton in the European truck sector, citing increasing tariffs, macroeconomic, and regulatory risks, particularly in North America. Analysts express concerns over the sustainability of the sector's recent performance and warn that optimistic market expectations for 2025 may be overly ambitious. Volvo's stock was specifically criticized for its recent margin misses and a potentially unrealistic outlook, while Traton and Daimler face challenges from rising pressures and strategic limitations.

Barclays downgrades Volvo AB stock to underweight with SEK280 price target

Barclays analyst Erwann Dagorne has downgraded Volvo AB's stock rating from Equalweight to Underweight, setting a price target of SEK280. The decision stems from concerns over consecutive quarterly misses in Trucks margin and an overly optimistic 2025 outlook amid challenging market conditions, particularly in North America.Despite recent stock outperformance, Dagorne warns that investor complacency may overlook significant headwinds, including currency fluctuations and competitive pressures from peers like Daimler and Traton Group. The upcoming layoffs at Volvo's Dublin plant further highlight the company's struggles in the current economic landscape.

ubs upgrades thales and saab amid european defence supercycle

Thales and Saab have been upgraded to "buy" by UBS, reflecting increased investor confidence in European defence stocks amid a "defence supercycle." European governments are expected to boost military spending significantly, with Thales projected to achieve a 12.6% annual sales growth and Saab anticipating a 25% earnings CAGR through 2030. The shift towards domestic production is expected to favor European firms over American competitors, as the urgency of security needs drives a reassessment of the sector.

ubs upgrades saab to buy with target price of sek 525

UBS has upgraded Saab to a Buy rating with a target price of SEK 525. Saab AB is a leader in defense and security systems, with net sales primarily from electronic defense systems (33.3%), aeronautical systems (26.1%), and armaments (22.5%), among others. Geographically, sales are concentrated in Sweden (41%) and Europe (24.8%).

ubs upgrades saab to buy with target price of sek 525

UBS has upgraded Saab to a "buy" rating with a target price of SEK 525. Saab AB is a leading designer and manufacturer of defense and security systems, with sales primarily from defense electronics (33.3%), aeronautics (26.1%), and weapons systems (22.2%). The company generates significant revenue from Sweden (41%) and Europe (24.8%), among other regions.

ubs upgrades saab to buy with target price of sek 525

UBS has upgraded Saab to a "buy" rating with a target price of SEK 525. Saab AB is a leading designer and manufacturer of defense and security systems, with sales primarily from defense electronics (33.3%), aeronautics (26.1%), and weapons systems (22.2%). The company generates significant revenue from Sweden (41%) and Europe (24.8%), with additional markets in North America, Asia, and Latin America.

eur sek expected to rebound as swiss national bank cuts rates

EUR/SEK is expected to rebound to the 11.10-11.20 range in the coming weeks, as the krona remains undervalued despite the Riksbank holding rates steady. Meanwhile, the Swiss National Bank's recent rate cut to 0.25% has led to a decline in the Swiss franc, with EUR/CHF projected to return to 0.950 in the second quarter.

four companies on nasdaq stockholm trade excluding dividends today

On March 21, four companies on Nasdaq Stockholm are trading without dividend rights. The companies include real estate firms Atrium Ljungberg, with a dividend of SEK 1.80 per share, and Hufvudstaden at SEK 2.80 per share, alongside major bank Nordea at EUR 0.94 per share, and forestry company Stora Enso at EUR 0.13 per share.

European stocks decline as central bank decisions weigh on markets

European stock markets declined as investors reacted to recent monetary policy decisions, with Germany's DAX falling 1.9% and France's CAC 40 down 1.3%. Commerzbank shares plummeted over 5% after CEO Bettina Orlopp stated there had been no discussions with UniCredit regarding a stake acquisition. Meanwhile, oil prices saw slight declines following a report of increased U.S. crude inventories, despite signs of strong demand.
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