Citigroup Maintains Neutral on Chesapeake Energy, Lowers Price Target to $82
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Diamond has maintained a Neutral rating on Chesapeake Energy (NASDAQ:CHK) but has reduced the price target from $90 to $82.
December 11, 2023 | 4:45 pm
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NEGATIVE IMPACT
Citigroup analyst Paul Diamond maintains a Neutral stance on Chesapeake Energy but lowers the price target from $90 to $82.
The reduction in price target by Citigroup, despite maintaining a Neutral rating, could lead to a negative perception among investors, potentially causing a short-term dip in Chesapeake Energy's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100