UBS has downgraded Essity due to several factors. Weaker growth is one of the reasons for this decision. Additionally, raw material inflation has played a role in the downgrade. There is also a risk of divestment, which has contributed to UBS's decision to cut Essity.

Further details about the downgrade are available from the source. The information was reported by investing.com, which may have additional context or analysis.

The downgrade reflects UBS's assessment of Essity's current situation and potential risks. For more information, readers can refer to the original report on investing.com.