Chesapeake Energy (CHK) Looks to Add to Gains as Analysts Give Thumbs Up

October 21, 2016 9:11 AM EDT

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Chesapeake Energy (NYSE: CHK) shares are indicated around 1 percent higher in early trading following analyst upgrades this morning.

BAML upgraded Chesapeake to Neutral with a price target of $10.

Nomura Securities also upgraded Chesapeake to Neutral and lifted its price target to $7. For more color, click here.

The early trading comes following a 2.8 percent gain on Thursday amid Chesapeake's Analyst Day. For more on that, click here.

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