Pareto has downgraded its recommendation for forestry and garden equipment company Husqvarna to hold from buy, lowering its target price to 50 kronor from 65.
"We are lowering our recommendation to hold from buy and reducing our target price to 50 (65) kronor after an EBIT miss of 29 percent in Q3, a weak forecast for Q4, and continued tariff headwinds extending into 2026. We are cutting our EBIT estimates for 2025 by 7 percent and for 2026 by 11 percent, reflecting slower growth, currency effects, and tariffs," the firm stated.
Additionally, DNB Carnegie has downgraded Husqvarna to hold from buy and reduced its target price to 46 kronor from 57. Handelsbanken has lowered its target price to 50 kronor from 53, maintaining its hold recommendation, while SEB has cut its target price for Husqvarna to 41 kronor from 46, reiterating its sell recommendation.
