Scotiabank Maintains Sector Perform on Chesapeake Energy, Raises Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Cameron Bean maintains a Sector Perform rating on Chesapeake Energy (CHK) and raises the price target from $92 to $110.
April 11, 2024 | 8:02 pm
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Scotiabank has maintained its Sector Perform rating on Chesapeake Energy and increased the price target from $92 to $110.
The increase in price target by Scotiabank suggests a positive outlook on Chesapeake Energy's stock, likely due to improved financials or market position. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
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