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Stock Market & Financial Investment News

News Breaks
January 7, 2014
06:31 EDTGMLPGolar LNG Partners recent shares weakness overdone, says Citigroup
Citigroup views the recent pullback in shares of Golar LNG Partners as overdone and sees an attractive buying opportunity at current levels. Citi expects the company's liquidity to significantly improve by the end of March and does not think the general partner will divest incremental units over the next few quarters. The firm lowered its price target for shares to $35 from $36.50 and keeps a Buy rating on Golar LNG Partners.
News For GMLP From The Last 14 Days
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August 28, 2015
07:50 EDTGMLPGolar LNG Partners weakness 'a golden opportunity,' says Stifel
After Golar LNG reported higher than expected EPS but lower than expected revenue, Stifel says that its distributions are "still well protected," and the firm remains upbeat on the FSRU market. The firm notes that the units trade at a 12.9% yield, and it thinks that the optionality from the increased exposure to FLNG and FSRU presents a compelling opportunity. It lowered its price target on the units to $29 from $33 but keeps a Buy rating.

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