tiprankstipranks

Equinor price target lowered to $28.20 from $30.90 at Morgan Stanley

Morgan Stanley lowered the firm’s price target on Equinor (EQNR) to $28.20 from $30.90 and keeps an Overweight rating on the shares. The energy sector “arguably faces more headwinds than tailwinds, but broader markets face considerable uncertainty too,” the analyst tells investors in a research note. The firm believes gas fundamentals should continue to support Equinor.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue