Volvo Shares Downgraded by RBC Amid Valuation Concerns

RBC Capital Markets downgraded Volvo shares while raising its price target, reflecting a cautious stance on valuation despite operational improvements. Analysts highlighted potential margin pressures and moderating vehicle demand across key markets. Although efficiency gains and cost controls support long-term fundamentals, macroeconomic headwinds could limit near-term upside. The mixed rating underscores broader uncertainty in the global automotive sector as investors reassess growth expectations.