Wells Fargo raised the firm’s price target on Chesapeake Utilities to $105 from $101 and keeps an Equal Weight rating on the shares. Shares traded down on Thursday, and Wells expects the weakness reflects a 2024 guidance mid-point that shows just 1.5% growth over adjusted 2023, the analyst tells investors in a research note.
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- Chesapeake Utilities Announces Q4 and Full Year 2023 Results
- Chesapeake Utilities sees 2025 EPS $6.15-$6.35
- Chesapeake Utilities sees 2024 EPS $5.33-$5.45, consensus $5.38
- Chesapeake Utilities reports Q4 adjusted EPS $1.64, consensus $1.56
- CHESAPEAKE UTILITIES CORPORATION REPORTS FISCAL YEAR 2023 RESULTS
