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Fly News Breaks for December 18, 2017
GLNG, GMLP
Dec 18, 2017 | 07:21 EDT
As previously reported, Stifel analyst Benjamin Nolan upgraded Golar LNG Partners (GMLP) to Buy from Hold, stating that Golar LNG's (GLNG) first floating liquefaction facility, the Hilli, is days away from revenue generation and about a quarter from being dropped to Golar LNG Partners. The analyst, who foresees a "wave of new contracts coming soon," thinks any questions about Golar LNG Partners' distribution should be put to rest, he tells investors. Nolan raised his price target on the Partnerships' units to $25 from $23.
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