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Fly News Breaks for March 4, 2020
EQNR
Mar 4, 2020 | 12:28 EDT
Morgan Stanley analyst Martijn Rats lowered the firm's price target on Equinor to NOK 168 from NOK 171 and keeps an Equal Weight rating on the shares. In a European Oil & Gas sector note, Rats noted that energy commodities are approaching the lows of 2016, and remain under pressure due to the outbreak of the coronavirus. Rats sees potential for a bounce, but not for a period of sustained outperformance.
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