TD Cowen raised the firm’s price target on Cheniere Energy (LNG) to $265 from $260 and keeps a Buy rating on the shares. The firm noted the company announced positive CC mid-scale Train 8 & 9 FID, as expected. It increased distributable cash flow, though by a negligible amount, especiall y after backing out a higher marketing assumption.
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Read More on LNG:
- Cheniere Energy price target raised to $271 from $258 at BofA
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- Cheniere announces FID on Christi Midscale Trains 8 & 9, Debottlenecking project
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