UPDATE: Credit Suisse Upgrades Cheniere Energy as Risk/Reward Has Shifted to Upside

In a report published Monday, Credit Suisse analyst Abhiram Rajendran upgraded the rating on Cheniere Energy (NYSE: LNG ) from Neutral to Outperform, and raised the price target from $48.00 to $50.00. In the report, Credit Suisse noted, “With the recent pullback in the stock (down meaningfully from a high