Chesapeake Energy (CHK) to Acquire WildHorse (WRD) in $3.98B Deal
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Chesapeake Energy (CHK) PT Lowered to $3 at Credit Suisse
October 31, 2018 8:11 AM EDTCredit Suisse analyst William Featherston lowered the price target on Chesapeake Energy (NYSE: CHK) to $3.00 (from $4.00) while maintaining a Underperform rating.
Featherston said while the WRD deal improves the company, shares are still expensive and over-levered versus peers.
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