Barclays Maintains Underweight on Cheniere Energy Partners, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Christine Cho maintains an Underweight rating on Cheniere Energy Partners (CQP) and lowers the price target from $51 to $45.
April 18, 2024 | 10:25 am
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Barclays maintains an Underweight rating on Cheniere Energy Partners and lowers the price target from $51 to $45.
The reduction in price target by Barclays, a major financial institution, suggests a bearish outlook on Cheniere Energy Partners. This could lead to a negative short-term impact on the stock price as market participants adjust their expectations based on this new analyst rating and price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100