BUZZ-UBS raises PT on LNG exporter Cheniere Energy
Cheniere Energy, Inc. +2.33% Post
Cheniere Energy, Inc. LNG | 262.74 262.74 | +2.33% 0.00% Post |
** Brokerage UBS raises price target on U.S. LNG company Cheniere Energy LNG.N to $301 from $277
** New PT represents an upside of nearly 21% to the stock's last close
** Brokerage says co's management tends to give conservative initial guidance and noted that forward curves have strengthened since the 2026 outlook was set
** Brokerage says co's deal with CPC Corporation highlights durable demand and refutes the bear thesis that oversupply will impede its growth trajectory
** 21 of 23 brokerages rate the stock "buy" and two "hold"; their median PT is $271 - data compiled by LSEG
** Up to last close, LNG up 28.06% YTD
