Cheniere Energy price target raised to $260 from $250 at TD Cowen

TD Cowen raised the firm’s price target on Cheniere Energy (LNG) to $260 from $250 and keeps a Buy rating on the shares. LNG upgraded its Stage 3 startup schedule, reiterated FY25 EBITDA and accelerated repurchases in April given equity decline, notes the analyst, who adds that Cheniere remains a “top pick.”