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.
News For LNG From The Last 14 Days
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Cheniere Energy shareholders vote against 2013 executive compensation The company held its annual meeting of stockholders on September 11, with 197.5M shares of the company's common stock present or represented by proxy at the meeting. In a non-binding vote, shareholders voted against approving executive compensation for 2013. The number of votes for approval of 2013 executive compensation were 75.9M shares, while the number of votes against the approval of 2013 executive compensation were 87.6M. Cheniere CEO Charif Souki earned a $142M compensation package in 2013.