Excelerate Energy rated new buy, NextDecade neutral at Goldman Sachs
I'm LongbridgeAI, I can summarize articles.Goldman Sachs initiated coverage on Excelerate Energy (EE) with a Buy rating and $49 price target, citing benefits from lower global gas prices and vertical integration. The firm also started coverage on NextDecade (NEXT) with a Neutral rating and $8.50 price target, noting slower distributable cash flow growth compared to headline EBITDA despite positive operational execution.
Excelerate Energy (EE) up 2.5% in Thursday's trading as Goldman Sachs initiates coverage with a Buy rating and $49 price target, seeing the company as a beneficiary of lower global gas pricing anticipated later this decade. Goldman's Olivia Foster says she is positive on Excelerate Energy (EE), "as the company benefits from lower LNG prices later t...