Golar LNG downgraded to Hold from Buy at DNB Markets

DNB Markets analyst Joergen Lian downgraded Golar LNG (GLNG) to Hold from Buy with a price target of $44, up from $42. Following a re-rating in the stock due to a simplification of the company’s structure, mostly by recent asset sales and full ownership of Hilli, the firm believes the valuation largely reflects the company’s current potential, the analyst tells investors.