CNBC Pro

Liquified natural gas company Tellurian surges 18% following Credit Suisse upgrade

Attendees stand near Tellurian Inc. signage during the World Gas Conference in Washington, D.C., U.S, on Tuesday, June 26, 2018.
Andrew Harrer | Bloomberg | Getty Images

Shares of liquified natural gas company Tellurian surged 18% on Friday after Credit Suisse upgraded the company to an outperform rating.

With the U.S. set to send more LNG to Europe, Credit Suisse said Tellurian stands to benefit.

More In Street Calls

Here are Friday's biggest analyst calls: Tesla, Nike, Generac, Microsoft, Disney, Micron & more
CNBC ProHere are Friday's biggest analyst calls: Tesla, Nike, Generac, Microsoft, Disney, Micron & more
Buy this electric vehicle charging company poised to rally 120% as adoption grows, Credit Suisse says
CNBC ProBuy this electric vehicle charging company poised to rally 120% as adoption grows, Credit Suisse says
It's time to buy this residential generator leader trading at attractive levels, Cowen says
CNBC ProIt's time to buy this residential generator leader trading at attractive levels, Cowen says