Cheniere Energy price target raised to $278 from $275 at Raymond James

Raymond James raised the firm’s price target on Cheniere Energy (LNG) to $278 from $275 and keeps a Strong Buy rating on the shares. The firm adjusted targets in the midstream suppliers group ahead of the Q3 reports. Midstream is showing “stability” for investors as strong diesel margins and a consensus view that oil markets are oversupplied have pushed refiners to the center of generalist attention in the energy sector, the analyst tells investors in a research note. Raymond James does not major changes to the group’s 2025 outlooks.