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Research analysts at Deutsche Bank boosted their target price on shares of Dynagas LNG Partners (NASDAQ:DLNG) from $20.00 to $22.00 in a report released on Tuesday. The firm currently has an “outperform” rating on the stock. Deutsche Bank’s price target indicates a potential downside of 3.97% from the stock’s previous close.

The analysts wrote, “We are initiating coverage of Dynagas LNG Partners (DLNG) with an Outperform rating and a $26 price target. In our opinion, Dynagas provides an attractive combination of growth and valuation. It offers built-in growth through GP drop-downs, strong industry fundamentals that offer prospects of future growth, a modern fleet, and long-term contracts with solid counterparties in an industry with high barriers to entry.”

DLNG has been the subject of a number of other recent research reports. Analysts at Clarkson Capital initiated coverage on shares of Dynagas LNG Partners in a research note on Monday. They set an “outperform” rating and a $26.00 price target on the stock. Separately, analysts at Zacks downgraded shares of Dynagas LNG Partners from an “outperform” rating to a “neutral” rating in a research note on Monday, May 12th. They now have a $24.20 price target on the stock. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Dynagas LNG Partners in a research note on Tuesday, May 6th. They now have a $25.00 price target on the stock, up previously from $24.00. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $24.45.

Dynagas LNG Partners (NASDAQ:DLNG) traded up 0.17% during mid-day trading on Tuesday, hitting $22.95. 5,662 shares of the company’s stock traded hands. Dynagas LNG Partners has a 52-week low of $16.75 and a 52-week high of $23.90. The stock has a 50-day moving average of $21.96 and a 200-day moving average of $21.23. The company has a market cap of $688.5 million and a price-to-earnings ratio of 15.12.

Dynagas LNG Partners (NASDAQ:DLNG) last announced its earnings results on Thursday, May 15th. The company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.01. On average, analysts predict that Dynagas LNG Partners will post $1.53 earnings per share for the current fiscal year.

Dynagas LNG Partners LP is a growth-oriented limited partnership focused on owning and operating LNG carriers.

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