RBC Capital Lowers Worley's Share Price Target Following Delay in CP2 LNG Decision

Wednesday, 10 July 2024, 05:39

In a recent update, RBC Capital has revised down the share price target for Worley amidst a delay in the CP2 LNG decision timeline. The decision shift has prompted concerns among investors, leading to the adjustment in the target price. Worley's stock performance may be impacted by this development in the near term, signaling a cautious outlook for the company.
Investing.com
RBC Capital Lowers Worley's Share Price Target Following Delay in CP2 LNG Decision

RBC Capital Revises Worley's Share Price Target

In response to a delay in the CP2 LNG decision timing, RBC Capital has reduced Worley's share price target, highlighting concerns among investors.

Market Uncertainty

  • Impact: The decision delay has introduced uncertainties, influencing investor sentiment towards Worley.
  • Adjustment: The revised target reflects potential risks associated with the delayed LNG project decision.

In light of these developments, Worley's stock performance may face volatility as investors monitor the company's response to the delay.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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