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Fly News Breaks for March 23, 2017
CHK
Mar 23, 2017 | 07:00 EDT
Stifel analyst Karl Chalabala initiated Chesapeake with a Buy and a $10 price target saying its well positioned to succeed in the North American shale low-price commodity environment. The analyst said Chesapeake has top-tier break-even economic assets and believes the 2018 and 2019 gas strip have significant upside, and that investors are overlooking a company-wide technology revolution that will increase productivity beyond current results.
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