Bernstein analyst Bob Brackett raised the firm’s price target on Cheniere Energy (LNG) to $266 from $261 and keeps an Outperform rating on the shares. The firm notes that in the second half of the year so far, Cheniere has bought back about $1B worth of shares, reached substantial completion on CCS3 train 3, and signed a 20-year SPA with JERA for 1MTA of LNG through 2050.
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