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 has lowered the price target from $107 to $93.

August 15, 2023 | 1:51 pm
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NEUTRAL IMPACT
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 a lower future valuation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100