Cheniere Energy: LNG Terminal Pause A Positive (Upgrade)

CHUNYIP WONG With the Biden administration putting a pause on LNG terminal permitting, let’s catch up on Cheniere Energy (NYSE:LNG). While on the surface the news sound like a negative, I actually think it’s a positive for Cheniere. In November, I lowered my rating on the stock to "Hold" as it closed in on my price target of around $200 following a solid performance. The stock is down about -7% since I downgraded it. Company Profile As a reminder, Cheniere operates liquid natural gas ("LNG") terminals.  ...