Analysts at Bernstein upgraded Chesapeake Energy CHK from Market Perform to Outperform.
The price target for Chesapeake Energy has been raised from $26 to $32.
Chesapeake Energy shares have dropped 3.49% over the past 52 weeks, while the S&P 500 index has gained 13.86% in the same period.
Chesapeake Energy's shares rose 1.77% to $23.62 in pre-market trading.
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