Wells Fargo Maintains Equal-Weight on Chesapeake Utilities, Raises Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Sarah Akers maintains an Equal-Weight rating on Chesapeake Utilities (NYSE:CPK) and raises the price target from $105 to $115.
May 10, 2024 | 3:18 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Wells Fargo's analyst Sarah Akers has maintained an Equal-Weight rating on Chesapeake Utilities and increased the price target from $105 to $115, indicating a positive outlook on the stock's future performance.
The increase in price target by a reputable analyst like Sarah Akers suggests a positive reassessment of Chesapeake Utilities' future earnings potential and market position. This is likely to be viewed favorably by investors, potentially leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100