- (PLX AI) - Sweco shares were down 6% in morning trading after Danske Bank downgraded the stock to hold from buy.
- • Execution on recruitment is lagging, leading to low organic growth, Danske said
- • Sweco is vulnerable in the current rotation to value, and the fourth quarter is not likely to deliver progress on organic growth despite easy comparisons, the analysts said
- • Price target unchanged at SEK 162
© 2022 PLX AI