Stifel lowered the firm’s price target on Golar LNG to $34 from $35 and keeps a Buy rating on the shares. The LNG market has been volatile over the past few quarters and warm winter weather across the globe has caused prices to materially step down in global LNG prices, the analyst tells investors. For Q1, Stifel is adjusting down estimates for companies with LNG price exposure.
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Published first on TheFly
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