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Fly News Breaks for June 20, 2016
CHK
Jun 20, 2016 | 06:35 EDT
Jefferies analyst Jonathan Wolff resumed coverage of Chesapeake Energy with an Underperform rating and $3 price target. The rating is unchanged and target is raised from $2. The company's debt obligations remain very high, and further equity dilution "could be severe," Wolff tells investors in a research note.
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