Barclays Maintains Equal-Weight on Chesapeake Utilities, Raises Price Target to $124
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 $118 to $124.
October 07, 2024 | 7:29 pm
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Barclays has maintained its Equal-Weight rating on Chesapeake Utilities but increased the price target from $118 to $124, indicating a positive outlook.
The increase in the price target from $118 to $124 by Barclays suggests a positive outlook for Chesapeake Utilities, 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