Bernstein Upgrades Chesapeake Energy To Outperform, Shares Gain

Analysts at Bernstein upgraded Chesapeake Energy

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.