TD Cowen analyst Jason Gabelman raised the firm’s price target on NextDecade to $9 from $7 and keeps a Hold rating on the shares. The firm increase their target on increased probability of RGLng phase 2 being sanctioned, partially offset by higher financing costs. Lack of clarity around key assumptions means wide range of valuation outcomes, while global gas price risk weighted to downside.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NEXT: