Truist Securities Maintains Buy on Chesapeake Energy, Lowers Price Target to $100
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Neal Dingmann has maintained a 'Buy' rating on Chesapeake Energy (NASDAQ:CHK) but lowered the price target from $102 to $100.
August 15, 2023 | 2:35 pm
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Chesapeake Energy's price target has been lowered from $102 to $100 by Truist Securities, though the 'Buy' rating is maintained.
The news is directly about Chesapeake Energy (CHK). The lowering of the price target might have a slight negative impact on the stock's price in the short term. However, the maintained 'Buy' rating indicates that the analyst still sees potential in the stock, which could balance out any negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100