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Morgan Stanley Downgrades Woodside Energy Group Ltd (WDS:AU) (WDS) to Equalweight

August 27, 2024 12:05 PM EDT

Morgan Stanley analyst Rob Koh downgraded Woodside Energy Group Ltd (WDS:AU) (NYSE: WDS) from Overweight to Equalweight with a price target of AUD30.00 (from AUD32.00).

The analyst comments "WDS turned 70 in 2024. WDS's LNG platform and lower carbon initiatives are a logical... More