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Dahlman Rose Reiterates Buy Rating, $50 PT on Golar LNG

In a company update published earlier today, Dahlman Rose & Company, LLC reiterated its Buy rating and $50.00 price target on Golar LNG Limited (NASDAQ: GLNG).

Dahlman Rose went on to state in the report that, “Golar has been awarded a 15-20 year FSRU contract off the coast of Chile, the country's first. The contract is with Gas Atacama and the project is due for start-up during 4Q15. We view this as quite favorable for Golar in that it enhances its drop-down capability into Golar LNG Partners.”'

Shares of Golar LNG were trading at $38.61 at the time of posting, up 3.46% from Thursday's market close.

Posted-In: Dahlman RoseAnalyst Color Price Target Reiteration Intraday Update Analyst Ratings

 

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