Chesapeake Energy (CHK) to Acquire WildHorse (WRD) in $3.98B Deal

Go back to Chesapeake Energy (CHK) to Acquire WildHorse (WRD) in $3.98B Deal

Chesapeake Energy (CHK) PT Lowered to $3 at Credit Suisse

October 31, 2018 8:11 AM EDT

Credit 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.

... More