Morgan Stanley initiated coverage of Equinor with an Equal Weight rating and $33.30 price target. The analyst added the American depository receipts of TotalEnergies, BP, Shell, Eni and Equinor to its coverage of the energy sector in Europe. All fundamental views for the ADRs are fully aligned with those the firm has for the underlying local stocks, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on EQNR: