Information Provided By:
Fly News Breaks for August 22, 2018
GLNG
Aug 22, 2018 | 09:30 EDT
The recent pullback in shares of Golar LNG brings an "extremely attractive buying opportunity," Jefferies analyst Randy Giveans tells investors in a research note titled "When It Comes To Golar LNG, We Have Good News And We Have ... More Good News." The liquefied natural gas market is "very strong" and set to improve further in the coming months while Golar LNG's non-shipping projects are progressing nicely, Giveans adds. The analyst attributes the stock's selloff to U.S.-China trade tensions and the drop in the price of Brent crude. He keeps a Buy rating on Golar LNG with a $40 price target.
News For GLNG From the Last 2 Days
There are no results for your query GLNG