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Fly News Breaks for October 23, 2019
CQP
Oct 23, 2019 | 08:30 EDT
Raymond James analyst Justin Jenkins downgraded Cheniere Energy Partners to Underperform from Market Perform. In a research note to investors, Jenkins says that while his firm's North American energy macro outlook remains favorable for exporters from a supply-push perspective, he sees this as priced into Cheniere shares. The analyst says he continues to monitor cash flow volatility and trade war headlines, but believes upside from here at the Cheniere level is fairly limited, even if project execution continues.
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