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Stock impact report

Here is Why Cheniere Energy, Inc. (LNG) is Still Highly Favored by Hedge Funds [Yahoo! Finance]

Cheniere Energy, Inc. (LNG) 
Company Research Source: Yahoo! Finance
Cheniere Energy, Inc. (NYSE: LNG ) is one of the 13 best oil and gas storage stocks to buy according to hedge funds On February 24, Morgan Stanley analyst Devin McDermott reduced the price target on Cheniere Energy, Inc. (NYSE:LNG) from $258 to $236. The analyst downgraded his rating on the stock from Overweight to Equal Weight, highlighting potential oversupply within the global LNG market, leading to a more cautious stance on the U.S. sector. Here is Why Cheniere Energy, Inc. (LNG) is Still Highly Favored by Hedge Funds While Cheniere's limited pricing sensitivity offers some protection, McDermott noted that the stock is currently trading close to fair value. On January 16, Brandon Bingham from Scotiabank maintained his Outperform rating on Cheniere Energy, Inc. (NYSE:LNG). In the process, the analyst also increased the price target from $257 to $266, resulting in more than 14% upside potential. This upward revision stems from the firm's broader adjustments across its Ene Show less Read more
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