Barclays Maintains Equal-Weight on Chesapeake Utilities, Raises Price Target to $118
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Nicholas Campanella maintains an Equal-Weight rating on Chesapeake Utilities (NYSE:CPK) and raises the price target from $111 to $118.
August 13, 2024 | 12:50 pm
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Barclays analyst Nicholas Campanella maintains an Equal-Weight rating on Chesapeake Utilities and raises the price target from $111 to $118.
The raised price target from $111 to $118 by Barclays suggests a positive outlook for Chesapeake Utilities, which could lead to a short-term increase in stock price. However, the Equal-Weight rating indicates a neutral stance, balancing the impact.
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