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Financial News Network
May 18, 2011 AT 6:19 PM
Morgan Stanley initiated coverage of Golar LNG Partners (NASDAQ:GMLP) with an overweight rating and $31 price target.The bank sees 2011 EPS of $1.35 and 2012 EPS of $1.86.Morgan Stanley has a potential upside of 30.5% based on a current price of $24.39 and an average consensus analyst price target of $31.83.