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Fly News Breaks for October 29, 2019
HMLP
Oct 29, 2019 | 06:25 EDT
Citi analyst Christian Wetherbee double downgraded Hoegh LNG Partners to Sell from Buy. Following a recent rally in liquefied natural gas shipping stocks, the analyst is becoming more selective. There is risk to the LNG bull case, and project growth may slow as the market matures, Wetherbee tells investors in a research note. He believes Hoegh's operations have downside risk.
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