Mowi downgraded to Equal Weight from Overweight at Barclays

Barclays downgraded Mowi (MHGVY) to Equal Weight from Overweight with a price target of NOK 190, down from NOK 235. The firm says a “potential meaningful hit” to U.S. salmon consumption from tariffs on Norway and Chile “comes at an awkward time” with industry supply rebounding after years of stagnation. This is likely to pressure prices and profits, the analyst tells investors in a research note.