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UBS Keeps Their Sell Rating on Equinor ASA (0M2Z)

Tipranks - Tipranks - Fri Feb 6, 4:02AM CST

In a report released today, Henri Patricot from UBS maintained a Sell rating on Equinor ASA, with a price target of NOK215.00.

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Patricot covers the Energy sector, focusing on stocks such as TotalEnergies SE, Equinor ASA, and Repsol. According to TipRanks, Patricot has an average return of -0.6% and a 58.09% success rate on recommended stocks.

In addition to UBS, Equinor ASA also received a Sell from Barclays’s Naisheng Cui in a report issued today. However, on January 29, Danske Bank upgraded Equinor ASA (LSE: 0M2Z) to a Hold.

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Based on Equinor ASA’s latest earnings release for the quarter ending September 29, the company reported a quarterly revenue of NOK26.02 billion and a GAAP net loss of NOK210 million. In comparison, last year the company earned a revenue of NOK25.42 billion and had a net profit of NOK2.28 billion

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