Cheniere Energy price target raised to $250 from $242 at Scotiabank

Scotiabank raised the firm’s price target on Cheniere Energy (LNG) to $250 from $242 and keeps an Outperform rating on the shares. The firm continues to see the ongoing volatility in equities as a disconnect between estimated intrinsic value and current trading price of the underlying cash flows, especially for names with significant exposure to the Permian, the analyst tells investors.