Citigroup Maintains Neutral on Chesapeake Energy, Raises Price Target to $90
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Paul Diamond has maintained a Neutral rating on Chesapeake Energy (NASDAQ:CHK) and raised the price target from $82 to $90.
July 11, 2023 | 1:44 pm
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NEUTRAL IMPACT
Chesapeake Energy's price target has been raised from $82 to $90 by Citigroup, while maintaining a Neutral rating.
The news of Citigroup raising the price target for Chesapeake Energy while maintaining a Neutral rating indicates that the analyst sees potential for the stock's price to increase. However, the Neutral rating suggests that the analyst does not see the stock as a strong buy or sell at this time. This could lead to a neutral short-term impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100