Stora Enso downgraded to Underweight from Overweight at Barclays

Barclays downgraded Stora Enso (SEOAY) to Underweight from Overweight with a price target of EUR 7.50, down from EUR 11.50. In the near term, all packaging stocks could see second-order impacts of end market volume pressure from weaker consumer demand, the analyst tells investors in a research note. The firm thinks Stora Enso and Holmen are more exposed to tariffs than Mondi.