Cheniere Energy (LNG) PT Raised to $185 at TD Cowen
Get Alerts LNG Hot Sheet
Price: $299.28 -3.82%
Rating Summary:
27 Buy, 4 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 15 | Down: 23 | New: 12
Rating Summary:
27 Buy, 4 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 15 | Down: 23 | New: 12
Join SI Premium – FREE
(Updated - June 17, 2024 6:10 AM EDT)
TD Cowen analyst Jason Gabelman raised the price target on Cheniere Energy (NYSE: LNG) to $185.00 (from $178.00) while maintaining a Buy rating.
The analyst commented: "We hosted LNG IR at investor meetings last week. While LNG equity has traded sideways due to lack of near-term catalysts, this could change in 3Q when LNG will guide to 2025 spot volumes, followed by potential end of non-FTA permit pause and Corpus train 8/9 sanction. LNG has optionality between buybacks and growth, and will only sanction projects if they meet investment hurdles. Maintain Buy."
You May Also Be Interested In
- Fortune Brands (FBIN) PT Lowered to $58 at DA Davidson
- Viridian Therapeutic (VRDN) PT Raised to $43 at Stifel
- Freshworks Inc (FRSH) PT Raised to $17 at UBS
Create E-mail Alert Related Categories
Analyst Comments, Analyst PT ChangeRelated Entities
Cowen & Co, Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!





Tweet
Share