UPDATE: Hilliard Lyons Downgrades Chesapeake Utilities on Price Appreciation
July 12, 2013 at 11:22 AM EDT
In a report published on Thursday, Hilliard Lyons analyst Spencer E. Joyce downgraded Chesapeake Utilities (NYSE: CPK ) from Buy to Neutral. In the report, Hilliard Lyons commented, "We are lowering our investment rating on CPK shares from Buy to Neutral. Shares have gained ~10% in July and ~25% YTD,
