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Fly News Breaks for July 12, 2018
GLNG
Jul 12, 2018 | 07:05 EDT
As previously reported, BofA/Merrill downgraded Golar LNG to Neutral from Buy and trimmed its price target to $30 from $31. Analyst Ken Hoexter said LNGC rates have accelerated this quarter attracting new entrants and supply and revised hi sum of the parts valuation given delays in executing the Fortuna project and high debt burden.
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