NEXT - NextDecade upped at Credit Suisse on 'world's greenest' LNG terminal

NextDecade ([[NEXT]] +16.1%) surges off recent YTD lows after Credit Suisse upgrades shares to Outperform from Neutral with a $3 price target, saying its Carbon Solutions initiative that will cut permitted carbon dioxide emissions at its proposed Rio Grande LNG terminal by more than 90% further differentiates the company."At 90%-100% carbon offset, Next can now market a unique offering to support customer emissions targets," and increases the likelihood of success in commercializing the Rio Grande project, Credit Suisse's Spiro Dounis writes.While the Rio Grande risk is considerable, the firm finds the rewards "very compelling," forecasting a potential $10/share valuation bump if three trains are sanctioned and $6/share with two trains.NextDecade believes Rio Grande will be the world's greenest liquefied natural gas terminal as a result of the initiative.

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NextDecade upped at Credit Suisse on 'world's greenest' LNG terminal