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Chesapeake Energy (CHK -1.7%) shares give back yesterday afternoon's bump after J.P. Morgan's...

Chesapeake Energy (CHK -1.7%) shares give back yesterday afternoon's bump after J.P. Morgan's upgrade based on expected improved financials, including possible asset sales beyond what CHK has disclosed publicly. The firm says financial risk remains and the stock is not cheap, but believes an improved financial picture likely will help CHK outperform. Shares are cut to Neutral from Buy at SunTrust.
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