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Fly News Breaks for February 28, 2018
GLNG
Feb 28, 2018 | 13:18 EDT
Cowen analyst Sam Margolin said that Golar LNG's Q4 earnings miss relative to his forecast was due to costs associated with "positive" project developments and noted that its Hilli project is on track to produce first LNG in the next few days. Stating that he still sees Golar LNG as well positioned to secure more FLNG projects, Margolin raised his price target on the stock to $49 and keeps an Outperform rating on the name.
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