UBS Maintains Buy on Chesapeake Energy, Raises Price Target to $106
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Josh Silverstein has maintained a 'Buy' rating on Chesapeake Energy (NASDAQ:CHK) and raised the price target from $102 to $106.
August 17, 2023 | 12:39 pm
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UBS analyst has maintained a 'Buy' rating on Chesapeake Energy and raised the price target from $102 to $106, which could potentially increase investor confidence and positively impact the stock price.
The raised price target by UBS indicates a positive outlook for Chesapeake Energy. This could increase investor confidence and demand for the stock, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100