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Golar LNG reports interim Q3 revenue $22.27M, consensus $23.38M
Reports interim Q3 operating loss ($28.29M).
Golar LNG upgraded to Hold from Sell at ABN Amro
Golar LNG price target lowered to $45 from $57 at Cowen
Cowen analyst Sam Margolin lowered his price target on Golar LNG to $45 from $57. The analyst noted the company's joint ventures will mitigate its capital access risks. The analyst said he sees earnings depressed in the medium-term as the company awaits vessel conversions from LNG to FSRU ships. Margolin maintained his Outperform rating on Golar LNG shares.
Golar LNG assumed with a Buy at Seaport Global
Seaport Global analyst Magnus Fyhr assumed coverage on Golar LNG with a Buy and a $35.
On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Philips (PHG) initiated with a Buy at Citi. 2. Rockwell Collins (COL) initiated with an Outperform at Wolfe Research. 3. Golar LNG (GLNG) assumed with a Buy at Seaport Global. 4. Cincinnati Bell (CBB) initiated with a Buy at Drexel Hamilton. 5. ZTO Express (ZTO) initiated with an Overweight at JPMorgan. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage,
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