Golar LNG price target raised to $55 from $54 at Goldman Sachs

Goldman Sachs raised the firm’s price target on Golar LNG (GLNG) to $55 from $54 and keeps a Buy rating on the shares. The firm came away from Golar LNG’s Q3 earnings more constructive, as it benefits from its transition to a fully contracted floating LNG model and growth opportunities in the broader FLNG market, the analyst tells investors in a research note.