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Fly News Breaks for December 12, 2016
LNG, CQH
Dec 12, 2016 | 08:14 EDT
Credit Suisse analyst Bhavesh Lodaya upgraded Cheniere Energy Partners LP (CQH) to Outperform and raised its price target to $28 from $24 due to valuation following the termination of the acquisition by Cheniere Energy (LNG). The analyst continues to believe the eventual simplification of the Cheniere group is likely and notes Cheniere Energy intents to buy additional shares of Cheniere Energy Partners.
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