Wells Fargo Maintains Equal-Weight on Chesapeake Energy, Lowers Price Target to $88
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read has maintained an Equal-Weight rating on Chesapeake Energy (NASDAQ:CHK) but has reduced the price target from $89 to $88.
November 22, 2023 | 3:07 pm
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Wells Fargo analyst Roger Read maintains an Equal-Weight rating on Chesapeake Energy and lowers the price target to $88.
The adjustment in price target by Wells Fargo is a minor decrease, suggesting a slight change in valuation but not a change in overall rating. This could indicate a neutral short-term impact on the stock as the rating remains unchanged and the price target is only marginally reduced.
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