Morgan Stanley cut Equinor's rating and set a $40.30 share target, signaling a less favorable view. The report gives no new business results, so the warning concerns the shares, not Equinor's operations.
This is a warning about how one research firm sees Equinor's shares, not news of a change to its oil and gas business. The lower share target adds to the concern. The report gives no new sales, profit, or production figures.
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