Cheniere Energy price target raised to $330 from $275 at Jefferies

Jefferies raised the firm’s price target on Cheniere Energy (LNG) to $330 from $275 and keeps a Buy rating on the shares. The firm expects the company to report Q1 EBITDA 8% above consensus at $2.12B due a higher than expected alternative fuel tax credit, optimization around Storm Fern, and higher liquified natural gas prices following the Iran war. Jefferies expects liquified natural gas prices to be elevated to the mid-to-high teens in 2026 and 2027. The near-term macro environment incentivizes Cheniere to push for higher volumes despite already maximizing output, the analyst tells investors in a research note.