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Stephens Upgrades Chesapeake Energy (CHK) to Equal Weight

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KLR Group Raises Price Target on Chesapeake Energy (CHK) to $10; Reiterates Buy

October 25, 2016 8:20 AM EDT

KLR Group reiterated a Buy rating on Chesapeake Energy (NYSE: CHK), and raised the price target to $10.00 (from $9.00). Next year, Chesapeake plans to conduct a four-rig program in the Anadarko Basin, three-rig programs respectively in the Eagle Ford and Haynesville, and a two-rig program in... More