Cheniere Energy stock jumps after Wolfe upgrade as U.S. natural gas futures slide
Cheniere Energy shares rose 3.2% to $199.72 after hours Wednesday following a Wolfe Research upgrade and $220 price target. U.S. natural gas futures fell 6.7% as LNG feedgas flows dropped, despite colder weather forecasts. Cheniere Energy Partners gained 1.9%. Wolfe cited strong long-term contracts and cash flow for its upgrade.
