Wolfe Research Downgrades Cheniere Energy Partners to Underperform, Announces $43 Price Target
Portfolio Pulse from richadhand@benzinga.com
Wolfe Research analyst Alex Kania downgraded Cheniere Energy Partners (AMEX:CQP) from Peer Perform to Underperform and announced a $43 price target.

June 01, 2023 | 9:59 am
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NEGATIVE IMPACT
Cheniere Energy Partners (AMEX:CQP) was downgraded by Wolfe Research from Peer Perform to Underperform, with a $43 price target.
The downgrade from Wolfe Research is likely to have a negative impact on CQP's stock price in the short term. The new rating of Underperform suggests that the analyst believes the stock will underperform its peers, which could lead to selling pressure and a decline in the stock price. The $43 price target also indicates a potential downside from the current stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100