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Fly News Breaks for August 13, 2018
CQP
Aug 13, 2018 | 09:08 EDT
Wells Fargo analyst Michael Webber raised his price target for Cheniere Energy Partners to $45 from $40, while reiterating an Outperform rating on the shares. Despite the softer Q2 results, the analyst believes it remains the most liquid and best positioned LNG export names. While Webber thinks tariff headwinds likely weigh on near-term sentiment, Cheniere's valuation, CF growth, and underlying quality keep him a buyer of the stock.
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