Cheniere Energy (LNG) PT Raised to $185 at TD Cowen

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."

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