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Fly News Breaks for October 20, 2016
GLNG
Oct 20, 2016 | 08:37 EDT
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.
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