Raymond James Sees Attractive Opportunity in Cheniere Energy (LNG)

Cheniere Energy, Inc. (NYSE:LNG) is included among the 10 Best Dividend Stocks to Buy According to D. E. Shaw.

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On June 5, Raymond James added Cheniere Energy, Inc. (NYSE:LNG) to its list of current favorite stock ideas and removed Energy Transfer LP. The firm said Cheniere Energy offers a compelling story for both the near and long term and noted that the stock has recently been trading at levels it considers too attractive to overlook.

Earlier, on May 13, Scotiabank raised its price recommendation on LNG to $290 from $288. It reiterated an Outperform rating on the shares. In a research note, the analyst said the liquefied natural gas sector is among the most immediately affected areas within the broader energy infrastructure space. The firm added, however, that it remains positive on the sector. According to the analyst, conflict in the Middle East and the resulting supply disruptions are expected to create net benefits for US LNG producers, even after the situation is resolved.

Cheniere Energy, Inc. (NYSE:LNG) is a producer and exporter of liquefied natural gas (LNG) in the United States. The company supplies clean and secure LNG to integrated energy companies, utilities, and energy trading firms around the world.

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