UPDATE: Stifel Downgrades Chesapeake Energy on Fair Valuation
October 11, 2013 at 08:57 AM EDT
In a report published Friday, Stifel analyst Amir Arif downgraded the rating on Chesapeake Energy Corporation (NYSE: CHK ) from Buy to Hold, and removed the $26.00 price target. In the report, Stifel noted, “We are downgrading CHK from a Buy to a Hold on fair valuation, expectations for no
