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Fly News Breaks for March 19, 2015
CHK
Mar 19, 2015 | 08:24 EDT
As noted earlier, Sterne Agee downgraded Chesapeake to Underperform from Neutral. As reasons for the downgrade, the firm cited valuation, potential lower natural gas prices, a trend towards increased debt for the company, and a lack of focus on returns by the company in the Haynesville Shale and Mississippian Lime, Target $9.
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