UPDATE: Credit Suisse Reinstates Coverage on Cheniere Energy on Reasons for Caution
January 07, 2014 at 09:03 AM EST
In a report published Tuesday, Credit Suisse analyst Abhiram Rajendran reinstated coverage on Cheniere Energy (NYSE: LNG ) with a Neutral rating and $48.00 price target. In the report, Credit Suisse noted, “We believe that LNG is currently pricing in a decent amount of the CQP story, including strong likelihoods