Wells Fargo Maintains Equal-Weight on Chesapeake Energy, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read has maintained an Equal-Weight rating on Chesapeake Energy (NASDAQ:CHK) and raised the price target from $83 to $85.
July 13, 2023 | 2:10 pm
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Chesapeake Energy's price target has been raised from $83 to $85 by Wells Fargo, maintaining an Equal-Weight rating.
The increase in price target by Wells Fargo indicates a positive outlook for Chesapeake Energy. This could potentially lead to an increase in the stock price in the short term as it signals the analyst's confidence in the company's performance.
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IMPORTANCE 80
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