Analysts on Wall Street Lower Ratings for These 5 Stocks

04. Equinor ASA (NYSE:EQNR)

Price Reaction after the Downgrade: -0.05 (-0.16%)

On December 19, RBC Capital Markets analyst Biraj Borkhataria downgraded Equinor ASA (NYSE:EQNR) from Outperform to Sector Perform within the energy industry. Equinor ASA (NYSE:EQNR) is a major player in the oil and gas sector, engaged in exploration, production, refining, and renewable energy. Following the downgrade, the market response was a slight negative price reaction, as indicated by a -0.05 (-0.16%) decrease. This modest reaction suggests that investors may have perceived the downgrade as expected or in line with market conditions. The Sector Perform rating implies that RBC Capital Markets sees Equinor ASA (NYSE:EQNR) performance aligning more closely with the overall market expectations, and it is not advocating for a more bullish or bearish stance at the moment.