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DANMARKS STØRSTE INVESTORSITE MED DEBAT, CHAT OG NYHEDER

Equinor Drops 3% After Danske Cuts to Sell, Says Earnings Have Peaked

28/10 09:49


  • (PLX AI) – Equinor shares fell 3.3% after Danske analysts cut to the stock to sell from hold.
  • • Price target cut to NOK 205 from NOK 230
  • • Equinor's earnings and free cash flow have already peaked, Danske said
  • • The company faces substantial derivatives mark-to-market losses over the next two quarters, as well as higher tax payments and a potential 50% capex increase next year, the analysts said