AlphaValue/Baader Europe changed its rating for Equinor (EQNR.OL) to reduce from add and lowered its earnings assumptions for the Norwegian energy company following a recalibrated commodity environment.
Analysts cut their adjusted EPS estimates by 6.05% to $5.11 for 2026 and by 7.82% to $4.01 for 2027, according to a research report published Monday. The research firm attributed the revisions to the potential impact of a lower Brent deck on upstream realized liquids prices.
The stock has a price target of 346 Norwegian kroner.