Redburn Atlantic Initiates Coverage On Cheniere Energy with Neutral Rating, Announces Price Target of $162
Portfolio Pulse from Benzinga Newsdesk
Redburn Atlantic analyst Peter Low initiates coverage on Cheniere Energy (NYSE:LNG) with a Neutral rating and a price target of $162.

April 16, 2024 | 9:42 am
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NEUTRAL IMPACT
Cheniere Energy receives a Neutral rating from Redburn Atlantic with a price target of $162.
The initiation of coverage by Redburn Atlantic with a Neutral rating and a specific price target provides investors with a new analytical perspective on Cheniere Energy. However, the Neutral rating suggests that the analyst sees the stock as fairly valued at its current price, implying no significant short-term price movement is expected. The price target of $162 offers a reference point for future performance evaluation but does not suggest a strong bullish or bearish stance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90