Equinor ASA (EQNR) is highlighted as one of the best undervalued stocks to buy under $50, with a $22 price target set by TD Cowen analyst Jason Gabelman. The company recently reported new framework agreements for insulation, scaffolding, and surface treatment at its onshore plants in Norway, valued at around NOK 17 billion.

The agreements, which collectively represent over a thousand full-time equivalents, will come into effect on January 1, 2026, replacing existing agreements set to expire at year end. Equinor ASA operates in various segments including Exploration and Production, Marketing, Renewables, and more.

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Read more at Yahoo Finance: TD Cowen Reiterates a Hold Rating on Equinor ASA (EQNR), Sets a $22 PT