Golar LNG (GLNG) Reports Q1 Revenue Beat

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Golar LNG Ltd. (GLNG) PT Lowered to $38 at Wells Fargo

June 1, 2018 9:58 AM EDT

Wells Fargo lowered its price target on Golar LNG Ltd. (NASDAQ: GLNG) to $38.00 (from $40.00) while maintaining a Outperform rating after announcing the company would be dissolving its OneLNG JV. The company's stock traded off 25% following the announcement.

Analyst Michael Webber believes that... More