Cheniere Energy price target raised to $33 from $25 at Credit Suisse Credit Suisse believes Cheniere is set to increase +$10 of value in 2013 as it completes Train 3 & 4 financing, develops Trains 5 & 6, and the likelihood Corpus Christi signs commercial agreements. The firm reiterates its Outperform rating and raised its price target to $33 from $25.
Cheniere appoints Icahn Enterprises managing directors to board Cheniere Energy (LNG) announced the appointment of Jonathan Christodoro and Samuel Merksamer to the Board of Directors, effective immediately. With these additions, the Cheniere Board now comprises eleven directors. Christodoro and Merksamer are Managing Directors of Icahn Capital LP, a subsidiary of Icahn Enterprises (IEP).