Hilliard Lyons Downgrades Chesapeake Utilities (CPK) to Neutral

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Brean Capital Downgrades Chesapeake Utilities (CPK) to Hold on Valuation

July 16, 2013 7:15 AM EDT

Brean Capital downgraded Chesapeake Utilities (NYSE: CPK) from Buy to Hold after share reached their $57 price target.

While the firm still sees long-term growth opportunities, at 16x the firm's 2014 EPS forecasts, they believe fair value has been achieved.

For an analyst... More