TD Cowen 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 they see the combination of strong summer global gas prices and likelihood of future 2026 EBITDA raises as supportive of equity over the next few months.
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Read More on LNG:
- The Week That Was, The Week Ahead: Macro and Markets, May 10
- Cheniere Energy Ups Guidance Despite Volatile LNG Market
- Cheniere Energy Partners reports Q1 EPS ($16.65) vs. $1.57 last year
- Cheniere Energy raises FY Adjusted EBITDA view $7.25B-$7.75B from $6.75B-$7.25B
- LNG Upcoming Earnings Report: What to Expect?