January 30, 2013 at 09:58 AM EST
UPDATE: Stifel Nicolaus Upgrades Chesapeake Energy to Buy on CEO Retirement Announcement
Stifel Nicolaus upgraded Chesapeake Energy (NYSE: CHK ) from Hold to Buy and announced a $25.00 price target. Stifel Nicolaus commented, "We would buy CHK shares on the expectation that the announcement of the CEO stepping down could lead to the whole company being put into play or at least,
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