Benchmark Maintains Buy on Chesapeake Energy, Lowers Price Target to $93
Portfolio Pulse from richadhand@benzinga.com
Benchmark analyst Subash Chandra maintains a Buy rating on Chesapeake Energy (NASDAQ:CHK) but lowers the price target from $107 to $93.

July 17, 2023 | 12:16 pm
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Benchmark analyst maintains a Buy rating on Chesapeake Energy but lowers the price target from $107 to $93.
The news is directly related to Chesapeake Energy. While the maintained Buy rating is positive, the lowered price target could have a neutral to slightly negative impact on the stock in the short term as it indicates the analyst's reduced expectations for the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100