Sterne Agee CRT upgraded Chesapeake Energy Corporation CHK from Underperform to Buy.
The price target for Chesapeake Energy has been raised from $9.00 to $13.00.
Chesapeake Energy shares have dropped 61.20 percent over the past 52 weeks, while the S&P 500 index has surged 7.17 percent in the same period.
Chesapeake Energy shares rose 0.18 percent to $11.18 in after-hours trading.
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