Mizuho Maintains Buy on Chesapeake Energy, Raises Price Target to $111
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar has maintained a Buy rating on Chesapeake Energy (CHK) and increased the price target from $101 to $111.
May 13, 2024 | 3:34 pm
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Mizuho analyst Nitin Kumar reaffirmed a Buy rating on Chesapeake Energy and raised the price target from $101 to $111, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Nitin Kumar from Mizuho suggests a strong confidence in Chesapeake Energy's future performance. This endorsement is likely to positively influence investor sentiment and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100