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Fly News Breaks for December 2, 2015
GLNG
Dec 2, 2015 | 07:54 EDT
As previously reported, BofA/Merrill downgraded Golar LNG to Neutral from Buy and lowered its price target to $28 from $51 on shares. Analyst Ken Hoexter is concerned about the slower build-out of floating LNG liquefaction projects and a potential dividend cut given the financing needs for its projects.
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