B. Riley raised the firm’s price target on Golar LNG to $44.50 from $35.50 and keeps a Buy rating on the shares. The firm cites the contribution of the definitive agreement with Pan American Energy for a 20-year deployment of a floating liquefied natural gas vessel in Argentina for the target increase. The analyst estimates the PAE agreement adds $9.00 to the value of Golar LNG shares.
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