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LNG - Golar LNG earns Overweight rating at Stanley on stranded gas benefit
Cheniere Energy Inc.
Golar LNG (GLNG+2.5%) is resumed with an Overweight rating and a $17 price target at Morgan Stanley, where analyst Devin McDermott thinks the company's business model benefits from abundant low cost and stranded natural gas globally as well as growing demand for liquefied natural gas and electricity.
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