Wells Fargo Maintains Equal-Weight on Chesapeake Energy, Raises Price Target to $83
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo has maintained its Equal-Weight rating on Chesapeake Energy while raising the price target from $77 to $83.
October 01, 2024 | 7:06 pm
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Wells Fargo has maintained its Equal-Weight rating on Chesapeake Energy and increased the price target from $77 to $83, indicating a positive outlook.
The increase in price target from $77 to $83 by Wells Fargo suggests a positive outlook for Chesapeake Energy, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the raised target price is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100