UPDATE: Deutsche Bank Initiates Coverage on Cheniere Energy Partners LP with Hold Rating, $30 PT on Good Market Position

In a report published Friday, Deutsche Bank analyst Curt Launer initiated coverage on

with a Hold rating and $30.00 price target. In the report, Deutsche Bank noted, “We are also initiating coverage on Cheniere Energy Partners

with a Hold rating and target price of $30. CQP is comprised of three fully-owned business segments. Sabine Pass LNG (SPLNG), Sabine Pass Liquefaction (SPL), and Creole Trail Pipeline (CTPL). SPLNG is a LNG import regasifciation terminal and SPL is an export liquefaction terminal currently in development.” Cheniere Energy Partners LP closed on Thursday at $27.00.