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Cheniere Energy price target raised to $270 from $265 at TD Cowen

TD Cowen analyst Jason Gabelman raised the firm’s price target on Cheniere Energy (LNG) to $270 from $265 and keeps a Buy rating on the shares. The firm said the target increase is to reflect a lower tax burden from the OBBB. The company believes the next trains built at Sabine and Corpus will be very brownfield in nature.

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