BTIG Boosts Target on Cheniere from $26 to $40, Model Now Accounts for Added Trains at Sabine Pass
March 27, 2013 at 12:59 PM EDT
BTIG's William Frohnhoefer just issued a note raising his price target on Buy-rated Cheniere Energy (NYSE: LNG ) from $26 to $40. Frohnhoefer said his model now includes the fifth and sixth trains at Cheniere's Sabine Pass Liquefaction. The analyst believes Cheniere will receive approval from the Department of
