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Berenberg Bank Sticks to Its Hold Rating for Equinor ASA (EQNR)
Berenberg Bank analyst maintained a Hold rating on Equinor ASA yesterday and set a price target of $37.70.
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In addition to Berenberg Bank, Equinor ASA also received a Hold from TD Cowen’s Jason Gabelman in a report issued yesterday. However, on March 22, TipRanks – Google upgraded Equinor ASA (NYSE: EQNR) to a Buy.
Based on Equinor ASA’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $25.26 billion and a net profit of $1.31 billion. In comparison, last year the company earned a revenue of $26.54 billion and had a net profit of $2 billion
Read More on EQNR:
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- Equinor price target raised to $40 from $37 at TD Cowen
- Equinor downgraded to Hold from Buy at Pareto
- Morgan Stanley shuffles EU energy ratings with three upgrades, two downgrades
- Equinor upgraded to Equal Weight from Underweight at Morgan Stanley
- Equinor Stock (EQNR) Stays Undervalued as Market Overlooks Opportunity
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