Wells Fargo raised the firm’s price target on Cheniere Energy Partners (CQP) to $61 from $59 and keeps an Underweight rating on the shares. The price target increase reflects a higher EBITDA forecast driven by higher production capacity and higher assumed long-term marketing margins, the analyst tells investors in a research note.
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Read More on CQP:
- Cheniere Energy Partners price target raised to $56 from $54 at Barclays
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