Is there a broken record playing in the house? (What an old-timey question...). Once again, we're covering another high dividend stock, Golar LNG Partners (GMLP) from our past articles, which we feel the market has beaten up indiscriminately... until the past week, when it rose over 18%. But even with this 18% jump, GMLP has plenty of upside potential, not to mention its appealing dividend yield. With a mean target of $28.65, it's still around 26% below consensus.
What happened? Analyst upgrades and several upward earnings Estimate Revisions caused the market to finally take another look at GMLP's solid business model. Over the past few days, Stifel reiterated a "Buy" rating, and RBC Capital issued a "Sector Perform" rating after GMLP's Q2 earnings release on 8/27/15.
Source: Seeking Alpha
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