Cheniere Energy upgraded at Credit Suisse, sees ~20% upside

|About: Cheniere Energy, Inc (LNG)|By:, SA News Editor

Cheniere Energy (LNG +1.3%) is upgraded to Outperform from Neutral at Credit Suisse, which says LNG's risk/reward profile has shifted to the upside after the stock's recent pullback.

The firm says it refined several assumptions in its model which take its price target to $50 from $48 to $50, representing ~20% upside.