Mizuho raised the firm’s price target on Cheniere Energy (LNG) to $254 from $248 and keeps an Outperform rating on the shares. The firm says success in permitting could allow Cheniere to better navigate cost inflation that has yet to result in commensurate uplift to contract rates. The company’s “aggressive” permitting strategy will optimize flexibility on growth, the analyst tells investors in a research note.
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Read More on LNG:
- Cheniere Energy initiated with a Buy at Argus
- Cheniere Energy price target raised to $254 from $247 at Scotiabank
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- Cheniere Energy price target raised to $255 from $237 at Stifel
- Cheniere Energy’s Strong Buy Rating Backed by Conservative Guidance, Robust Financial Health, and Strategic Market Positioning
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