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Deutsche Bank raises its rating on Chesapeake Midstream Partners (CHKM +2.5%) to Buy from Hold...

Deutsche Bank raises its rating on Chesapeake Midstream Partners (CHKM +2.5%) to Buy from Hold after CHKM reassures investors on the issues swirling around its parent company (CHK). Despite the rough patch, the firm believes CHKM operates quality assets that offer the potential for above-average distribution growth over the next several years.
Comments (2)
  • Harry Johnson
    , contributor
    Comments (482) | Send Message
     
    Wonder if the $4 Billion revolver and all the CHK bonds Deutsche bank sold their clients colored the Bank's objectivity ?
    17 May 2012, 10:18 AM Reply Like
  • dinky
    , contributor
    Comments (16) | Send Message
     
    If my memory serves me right CHKM had a transaction with CHK in which in which CHKM passed a great deal of money to CHK. I wondered at the time if the wall between the two was intact.
    17 May 2012, 10:42 AM Reply Like
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