Salmar downgraded to Underweight from Equal Weight at Barclays

Barclays downgraded Salmar (SALRF) to Underweight from Equal Weight with a price target of NOK 430, down from NOK 530. 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.