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UPDATE: Clarkson Capital Markets Initiates Coverage On Dynagas LNG Partners LP On Attractive Investment Opportunity

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In a report published Tuesday, Clarkson Capital Markets analyst Matthew J. Phillips initiated coverage on Dynagas LNG Partners LP (NASDAQ: DLNG) with an Outperform rating and $26.00 price target.

In the report, Clarkson Capital Markets noted, “We are initiating coverage of Dynagas LNG Partners (DLNG) with an Outperform rating and a $26 price target. In our opinion, Dynagas provides an attractive combination of growth and valuation. It offers built-in growth through GP drop-downs, strong industry fundamentals that offer prospects of future growth, a modern fleet, and long-term contracts with solid counterparties in an industry with high barriers to entry.”

Dynagas LNG Partners LP closed on Monday at $22.91.

Latest Ratings for DLNG

DateFirmActionFromTo
Oct 2016Maxim GroupInitiates Coverage OnBuy
Sep 2016Wells FargoInitiates Coverage onMarket Perform
Sep 2016JefferiesInitiates Coverage onBuy

View More Analyst Ratings for DLNG
View the Latest Analyst Ratings

Posted-In: Clarkson Capital Markets Matthew J. PhillipsAnalyst Color Initiation Analyst Ratings

 

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