- The shares of Chesapeake Energy (NASDAQ: CHK) have received a price target of $90 from BofA. These are the details.
The shares of Chesapeake Energy (NASDAQ: CHK) have received a price target of $90 from BofA. And BofA analyst Doug Leggate initiated coverage of Chesapeake with a “Buy” rating.
Leggate is expecting 2022 to continue the recovery of the energy sector on multiple levels led by a post-Covid demand recovery and sees the U.S. oils undervalued by about 30%, biased to higher beta names.
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