UBS Maintains Neutral on Chesapeake Energy, Lowers Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Josh Silverstein maintains a Neutral rating on Chesapeake Energy (NASDAQ:CHK) and lowers the price target from $93 to $85.
September 18, 2024 | 2:10 pm
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NEGATIVE IMPACT
UBS analyst Josh Silverstein has maintained a Neutral rating on Chesapeake Energy and reduced the price target from $93 to $85, indicating a less optimistic outlook.
The reduction in price target from $93 to $85 by UBS suggests a less optimistic view on Chesapeake Energy's future performance, which could lead to a short-term negative impact on the stock price. The Neutral rating indicates no strong buy or sell recommendation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100