Fly News Breaks for December 10, 2019
Dec 10, 2019 | 17:23 EDT
Goldman Sachs analyst Sahar Islam initiated coverage of Golar LNG with a Sell rating and $12 price target. The analyst notes that LNG supply additions peaked in 2018-2019 and will be slower from 2020-2024. Islam adds that while shipping rates have increased in the short term thanks to the new LNG supply entering the market, this incremental positive will slow starting next year.
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