Morgan Stanley downgrades Equinor to 'underweight' with a price target of NOK290.00

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Morgan Stanley downgrades Equinor to 'underweight' with a price target of NOK290.00

An analyst from Morgan Stanley downgraded Equinor (OL: EQNR ) from 'equalweight' to 'underweight' with a price target of NOK290.00 from a prior price target of NOK325.00.

Prior to this rating, Equinor had 13 buy ratings, 9 hold ratings, and 6 sell ratings.

For consensus analyst estimates and price targets on Equinor, click here. For more news on Equinor, click here.

Equinor's stock price closed at $322.60. They are up 5.06% in the last month and down -1.75% in the last 12 months.

According to Investing Pro, Equinor's fair value is $427.14, an upside of 32.41%. Equinor's fair value comes with a medium degree of uncertainty, according to InvestingPro.

Check out Equinor's recent earnings performance and financials here.

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