Cheniere Energy Partners LP (AMEX:CQP) Lost It’s J.P. Morgan “” Rating; Southpoint Capital Advisors LP Has Boosted Sanofi (SNY) Holding By $8.60 Million

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In a a report made public on Tuesday morning, J.P. Morgan has downgraded Cheniere Energy Partners LP (AMEX:CQP) stock to a “Hold” and has set one year TP at $31.0000. J.P. Morgan’s target is -3.34% from CQP’s last price.

Southpoint Capital Advisors Lp increased Sanofi (SNY) stake by 10% reported in 2017Q4 SEC filing. Southpoint Capital Advisors Lp acquired 200,000 shares as Sanofi (SNY)’s stock declined 8.41%. The Southpoint Capital Advisors Lp holds 2.20 million shares with $94.60M value, up from 2.00M last quarter. Sanofi now has $94.08 billion valuation. The stock decreased 0.99% or $0.38 during the last trading session, reaching $38.15. About 668,626 shares traded. Sanofi (NYSE:SNY) has declined 13.31% since May 16, 2017 and is downtrending. It has underperformed by 24.86% the S&P500.

More notable recent Sanofi (NYSE:SNY) news were published by: Streetinsider.com which released: “Sanofi (SNY) & Regeneron (REGN) Report Dupixent (dupilumab) Showed Positive Phase 3 Results in Adolescents …” on May 16, 2018, also Nasdaq.com with their article: “Sanofi and Ablynx Announce the Successful Results of the Initial Tender Offer Period for Ablynx and Commencement …” published on May 14, 2018, Bizjournals.com published: “Layoffs hit Framingham corporate giants Staples, TJX, Genzyme” on May 15, 2018. More interesting news about Sanofi (NYSE:SNY) were released by: Seekingalpha.com and their article: “Sanofi’s (SNY) CEO Olivier Brandicourt on Q1 2018 Results – Earnings Call Transcript” published on April 27, 2018 as well as Streetinsider.com‘s news article titled: “Sanofi (SNY) CFO Jerome Contamine to Step Down Later This Year, Informed Company of Plans to Retire – Bloomberg …” with publication date: April 17, 2018.

Among 12 analysts covering Sanofi-aventis Sa (NYSE:SNY), 1 have Buy rating, 2 Sell and 9 Hold. Therefore 8% are positive. Sanofi-aventis Sa had 25 analyst reports since October 15, 2015 according to SRatingsIntel. The stock of Sanofi (NYSE:SNY) has “Hold” rating given on Tuesday, May 3 by HSBC. The stock has “Underweight” rating by Barclays Capital on Tuesday, January 23. The stock has “Neutral” rating by Goldman Sachs on Monday, November 7. The firm earned “Hold” rating on Wednesday, August 30 by HSBC. The company was maintained on Thursday, February 8 by Bernstein. The stock of Sanofi (NYSE:SNY) earned “Equal-Weight” rating by Barclays Capital on Wednesday, November 15. The firm has “Sell” rating given on Friday, March 31 by JP Morgan. The stock of Sanofi (NYSE:SNY) has “Reduce” rating given on Friday, April 7 by HSBC. Cowen & Co maintained Sanofi (NYSE:SNY) on Friday, October 13 with “Hold” rating. The stock has “Overweight” rating by Morgan Stanley on Thursday, October 15.

Southpoint Capital Advisors Lp decreased Willis Towers Watson Pub Ltd stake by 100,000 shares to 500,000 valued at $75.35 million in 2017Q4. It also reduced Fleetcor Technologies Inc (NYSE:FLT) stake by 285,508 shares and now owns 364,492 shares. Cars Com Inc was reduced too.

Analysts await Cheniere Energy Partners, L.P. (NYSEAMERICAN:CQP) to report earnings on August, 14. They expect $0.50 EPS, up 113.48% or $4.21 from last year’s $-3.71 per share. CQP’s profit will be $246.94 million for 16.04 P/E if the $0.50 EPS becomes a reality. After $0.67 actual EPS reported by Cheniere Energy Partners, L.P. for the previous quarter, Wall Street now forecasts -25.37% negative EPS growth.

The stock increased 1.23% or $0.39 during the last trading session, reaching $32.07. About 365,224 shares traded or 69.91% up from the average. Cheniere Energy Partners, L.P. (AMEX:CQP) has declined 11.79% since May 16, 2017 and is downtrending. It has underperformed by 23.34% the S&P500.

Among 11 analysts covering Cheniere Energy Partners (AMEX:CQP), 4 have Buy rating, 0 Sell and 7 Hold. Therefore 36% are positive. Cheniere Energy Partners has $41 highest and $30 lowest target. $33.10’s average target is 3.21% above currents $32.07 stock price. Cheniere Energy Partners had 19 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Equal-Weight” rating given on Tuesday, July 18 by Barclays Capital. The company was maintained on Tuesday, January 16 by RBC Capital Markets. The rating was initiated by Bernstein on Wednesday, May 11 with “Market Perform”. Morgan Stanley downgraded the shares of CQP in report on Tuesday, June 13 to “Equal-Weight” rating. The firm has “Outperform” rating given on Wednesday, August 5 by Credit Suisse. J.P. Morgan downgraded it to “Hold” rating and $3100 target in Tuesday, May 15 report. The stock has “Outperform” rating by Credit Suisse on Wednesday, October 12. The stock of Cheniere Energy Partners, L.P. (NYSEAMERICAN:CQP) has “Hold” rating given on Monday, January 29 by Scotia Capital. The rating was maintained by RBC Capital Markets with “Buy” on Friday, October 13. The rating was downgraded by Goldman Sachs to “Neutral” on Friday, March 11.

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