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Analysts Offer Insights on Energy Companies: Equinor ASA (EQNR) and Archrock (AROC)

Tipranks - Mon Jun 29, 11:32PM CDT

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Equinor ASA (EQNR) and Archrock (AROC).

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Equinor ASA (EQNR)

TD Cowen analyst Jason Gabelman maintained a Hold rating on Equinor ASA today and set a price target of $37.00. The company’s shares closed last Friday at $31.03.

According to TipRanks.com, Gabelman is a 5-star analyst with an average return of 11.2% and a 60.5% success rate. Gabelman covers the NA sector, focusing on stocks such as Enterprise Products Partners, HF Sinclair Corporation, and Par Pacific Holdings. ;'>

Currently, the analyst consensus on Equinor ASA is a Hold with an average price target of $37.07, which is a 18.5% upside from current levels. In a report issued on June 20, TipRanks – xAI also downgraded the stock to Hold with a $34.00 price target.

See today’s best-performing stocks on TipRanks >>

Archrock (AROC)

In a report issued on June 26, Michael Blum from Wells Fargo maintained a Buy rating on Archrock, with a price target of $54.00. The company’s shares closed last Friday at $41.95.

According to TipRanks.com, Blum is a 5-star analyst with an average return of 15.4% and a 70.6% success rate. Blum covers the NA sector, focusing on stocks such as Excelerate Energy, Inc. Class A, Enterprise Products Partners, and Venture Global, Inc. Class A. ;'>

Archrock has an analyst consensus of Strong Buy, with a price target consensus of $43.63, representing a 5.1% upside. In a report issued on June 22, J.P. Morgan also maintained a Buy rating on the stock with a $43.00 price target.

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