Cheniere Energy +5.6% as Morgan Stanley, Barclays come out
Cheniere Energy +5.6% as Morgan Stanley, Barclays come out positive Jan 7 2014, 09:49
- At least two tier-1 firms are out with positive initiation calls at price target raises on Cheniere Energy ( LNG +5.6% ): Morgan Stanley starts with an Overweight rating and $60 price target with a $129 bull case , while Barclays lifts its target to $65 .
- Stanley sees LNG as a pure play exposure to liquefied natural gas infrastructure and development with a first-mover advantage, and Barclays expects various catalysts to drive continued momentum for LNG in 2014.
- Credit Suisse is more cautious , initiating shares at Neutral and $48 as it thinks LNG is currently pricing in much of the Cheniere Energy Partners ( CQP +4% ) story, including strong likelihoods of the SPL expansion and the Corpus Christi project; however, the firm likes CQP's strong long-term return proposition and reinstates coverage at Outperform.
http://seekingalpha.com/news/1495221-cheniere...t-positive
Cheniere Energy (LNG) Stock Research Links
Scroll down for more posts ▼
Top 10 Most Recent News Articles
Top 5 Most Recently Viewed Articles
Phoenix Asia Holdings Limited Launches Successful IPO Journey Phoenix Asia Holdings Limited, a remarkable player in Hong Kong's construction industry, has just announced its initial public offering. This offering allows them to share a piece of their promising future with investors, setting the stage for enhanced growth and development within their sector. IPO Pricing...
Continue Reading
1Kosmos Partners with Carahsoft for Government Identity Solutions 1Kosmos, a leader in identity proofing and passwordless authentication, has proudly formed a partnership with Carahsoft Technology Corporation. This collaboration was recognized by the General Services Administration (GSA) for a blanket purchase agreement (BPA) aimed at enhancing identity proofing...
Continue Reading
A New Era in Urban Air Mobility In recent years, several companies have taken unconventional routes to go public, particularly through special purpose acquisition companies (SPACs), often referred to as 'blank check companies.' This trend gained momentum partly due to influential figures like billionaire venture capitalist Chamath Palihapitiya. His involvement in the SPAC...
Continue Reading
Emerging Economies Face New Challenges Amid Default Wave In the aftermath of the global COVID-19 pandemic, several nations, particularly in emerging economies, are grappling with the consequences of a wave of sovereign defaults. Ghana, Sri Lanka, and Zambia have recently completed extensive debt restructurings that were essential to their economic survival. This...
Continue Reading
Transforming Food Systems with the NutriHarvest Project HarvestPlus and Cargill have set out on an important journey with the launch of the NutriHarvest project. This bold initiative aims to boost global food security over the next three years by investing $3 million to empower more than 119,000 farmers across various nations. The project promises to deliver over 17...
Continue Reading
