Stifelon Wednesday initiated research coverage of Nasdaq-quoted DLNG with a “buy”rating and set a price target of $26.00.
Ina note to clients Benjamin Nolan argued that the company is poised to cash inon rising demand for providers of LNG transportation.
“Furthermore,through the relationship with its parent, we expect DLNG may more than doublethe size of the existing controlled fleet by 2016, ultimately driving growth indistributions,” the forecaster continued.
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