Chesapeake Energy (CHK) PT Raised at Jefferies
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Moody's Raises Chesapeake Energy (CHK) to 'Ba1'; Notes Leverage Reduction
May 20, 2014 2:23 PM EDTMoody's Investors Service upgraded Chesapeake Energy Corporation's (NYSE: CHK) Corporate Family Rating (CFR) to Ba1 from Ba2 and the company's senior unsecured notes ratings to Ba1 from Ba3. Moody's also raised Chesapeake's Speculative Grade Liquidity Rating to SGL-2 from SGL-3. The rating outlook is stable.
"The upgrade of Chesapeake Energy's ratings to Ba1 reflects the substantial leverage reduction expected from its announced asset sales and oilfield services business spin-off," commented Pete Speer, Moody's Senior Vice President. "The company has shown stronger capital discipline and is making meaningful progress on reducing its organizational and financial... More
Chesapeake Energy (CHK) PT Raised at BofA/Merrill Lynch Post Analyst Day
May 19, 2014 8:51 AM EDTBofA/Merrill Lynch analyst Doug Leggate lifted his price target on Chesapeake Energy (NYSE: CHK) to $35.00 (from $31.00) following the company's analyst day but stopped short of upgrading the stock and maintained a Neutral rating.
Leggate notes disclosure on a splattering of... More
KLR Group Upgrades Chesapeake Energy (CHK) to Buy
May 19, 2014 7:42 AM EDTKLR Group upgraded Chesapeake Energy (NYSE: CHK) from Accumulate to Buy with a price target of $37.00.
For an analyst ratings summary and ratings history on Chesapeake Energy click here. For more ratings news on Chesapeake Energy click here.
Shares of Chesapeake Energy closed at $27.64 yesterday.
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