Stifel elevated the quantity of the corporate price target on Golar LNG (LNG) to $55 from $53 and maintains a purchase ranking on the shares after Golar introduced the acquisition of the remaining 8% stake in Hilli from Seatrium and Black and Veatch for $90.2 million. {dollars}. The corporate calls this “a stable transaction for Golar,” which, whereas “comparatively small,” was accomplished at an “engaging worth,” simplifies the stability sheet, improves money circulation, and is taken into account by the corporate to be “value-creating.” “.
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