Equinor: UBS upgrades stock
(CercleFinance.com) - UBS upgrades Equinor shares from 'sell' to 'neutral', with a TP nudged up from 275 NOK to 280 NOK, which is now roughly in line with the share's last closing price.
In its summary of the Norwegian energy group, the broker considers the stock's risk/reward profile to be "More balanced risk/reward profile after share price drop and as European gas prices rebound".
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The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.
In its summary of the Norwegian energy group, the broker considers the stock's risk/reward profile to be "More balanced risk/reward profile after share price drop and as European gas prices rebound".
Copyright (c) 2024 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.