Bank of America Downgrades Equinor to Neutral on Limited Share Price Upside
“Bank of America has shifted its stance on Equinor ASA, moving the rating to Neutral from Buy due to the stock’s proximity to the NOK260 price objective, signaling restricted potential for further gains. Analysts have trimmed post-2025 estimates, factoring in elevated net debt, cautious shareholder payout assumptions, and commodity price forecasts below futures levels, projecting … Read more