A report from Jeffries today has set a price target of $26 for Chesapeake Energy Corporation (NYSE:CHK) and offers reasons as to why the firm looks like it will perform well in the coming months. The report concentrates on the reinvention currently underway at the energy company. A buy rating is on the cards for the stock according to this report. The analysts, Biju Z. Perchincherll and Yiktat Fung, take as a positive the reorganization of the firm at the top by the two largest shareholders, Carl Icahn and Mason Hawkins of Southeastern Asset Management. The moves at the top…
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