Bernstein Downgrades Woodside Energy Group to Market Perform
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Neil Beveridge has downgraded Woodside Energy Group (NYSE:WDS) from Outperform to Market Perform.

August 20, 2024 | 9:40 am
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Bernstein analyst Neil Beveridge downgraded Woodside Energy Group from Outperform to Market Perform, indicating a less optimistic view on the stock's performance.
The downgrade from Outperform to Market Perform by a reputable analyst like Neil Beveridge suggests a reduced expectation for Woodside Energy's stock performance. This could lead to a negative short-term impact on the stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100