RBC Capital Maintains Outperform on Chesapeake Utilities, Raises Price Target to $124
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Shelby Tucker maintains an Outperform rating on Chesapeake Utilities (NYSE:CPK) and raises the price target from $123 to $124.
March 01, 2024 | 3:01 pm
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RBC Capital analyst Shelby Tucker maintains an Outperform rating on Chesapeake Utilities and raises the price target from $123 to $124.
The increase in price target by RBC Capital suggests a positive outlook on Chesapeake Utilities' stock performance in the short term. Given the specific mention and the adjustment in price target, it indicates confidence in the company's future performance, likely leading to a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100