Chesapeake Energy (CHK): Barnett Asset Sale a Positive, No Change To Underperform - Jefferies
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UBS Raises Price Target on Chesapeake Energy (CHK) to $4.25; Reiterates Sell
August 11, 2016 9:13 AM EDTUBS maintained a Sell rating on Chesapeake Energy (NYSE: CHK), and raised the price target to $4.25 (from $4.00), following the company's 2Q earnings report. CHK adjusted its 2016 production guidance from 625-650 MBoed to 611-638 MBoed and provided initial 2017 volume guidance of 532-562 MBoed.
Analyst... More
KLR Group Reiterates Buy on Chesapeake Energy (CHK) - PT to $9
August 11, 2016 8:32 AM EDTKLR Group reiterated a Buy rating on Chesapeake Energy (NYSE: CHK), and raised the price target to $9.00 (from $8.00). The change is due to the value accretive Barnett asset transfer and termination of associated midstream contracts.
Analyst John Gerdes commented, "We are... More
