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UPDATE: Credit Suisse Initiates Coverage On GasLog Partners LP On Multiple Positive Factors

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In a report published Monday, Credit Suisse analyst Gregory Lewis initiated coverage on GasLog Partners LP (NYSE: GLOP) with an Outperform rating and $30.00 price target.

In the report, Credit Suisse noted, “Initiating coverage of GasLog Partners (GLOP) with an outperform rating and a $30 target price. GLOPs existing fleet on the water and attractive asset drop down potential lays the foundation for a multi-year distribution growth story. We expect GLOP and its parent company to continue taking advantage of the growing seaborne LNG trade, driving further vessel growth at the partnership level – we like GLOP.”

GasLog Partners LP closed on Friday at $26.78.

Latest Ratings for GLOP

DateFirmActionFromTo
Apr 2021JefferiesUpgradesHoldBuy
Jan 2021JefferiesMaintainsHold
Oct 2020JefferiesMaintainsHold

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Posted-In: Credit Suisse Gregory LewisAnalyst Color Initiation Analyst Ratings

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