Don’t Growl at Chesapeake Energy: Sterne Agee Sees 15% Upside
June 29, 2015 at 10:42 AM EDT
There are too many bears growling at Chesapeake Energy (CHK). That’s the opinion of Sterne Agee analyst Tim Rezvan, who upgraded the energy player two notches to Buy from Underperform with a $13 target price up from $9. That predicts a 15% upside over the next 12 months. His thesis? Investors are too focused on [...]
