2024-06-16 10:27:47 ET
Summary
- NextDecade Corporation's share price has risen 63% YTD due to positive developments, but most are already priced in, leading to a neutral rating.
- The company's main project, Rio Grande LNG, is making progress with long-term LNG sale agreements, but patience is required for investment.
- NextDecade's focus on eco-friendly LNG production could set a new standard in the industry, making it a potential future cash cow.
- Shares are a hold with price target of $8.
Investment Thesis
Read the full article on Seeking Alpha
For further details see:
NextDecade: Positive Developments Seem Priced In