Boston, MA 02\/19\/2014 (wallstreetpr) – Chesapeake Energy Corporation (NYSE:CHK)<\/b> is in a buzz and that is all about what other investors are trying to think about the motives of activist investor Carl Icahn. The investor owns almost 10 percent stake in CHK which has a market value of $17.18 billion. There were whispers then chatters and now there seems to be screams all around CHK and more so revolving around the rumors that Icahn is keen on getting cash bid for CHK. It is reported that as much as $40 per share is being sought from potential buyers give that the company recently successfully trimmed out about 1,200 jobs from its expenses list. Moreover, the ongoing sale of non-core assets is also turning the company leans and attractive for the future. Shares of Chesapeake Energy Corporation (NYSE:CHK) attained $25.83 per piece in the last session after making gain of 2.74 percent.<\/p>\n
Cemex SAB de CV (ADR) (NYSE:CX)<\/b> remains in a good position for growth going forward, this is according to Morgan Stanley analyst Nikolaj Lippmann. The investment analyst has planted an overweight rating on the stock and price target of $14. Among other factors, the analyst cites the confidence shown by the management. Also, generally the industry looks poised to reward players like CX as things improve. Shares of Cemex SAB de CV (ADR) (NYSE:CX) gained 25 cents each to push the stock to settle at $13.25 per share in the last trading session. The $15.14 billion market capped stock witnessed an exciting exchange Tuesday whereby the stock price escalated to the highs of $13.34 in the day, setting a new 52-week high.<\/p>\n
Applied Materials, Inc. (NASDAQ:AMAT)<\/b> concluded the previous session at $18.85 after suffering 11 cents loss on each of its shares. Recently the stock had its price target hoisted to $21 from $20 per share at DA Davidson. The brokerage currently recommended the stock as \u201cbuy.\u201d The new price target on the stock suggests a potential upside of 10.76 percent compared against the company\u2019s prevailing price. Several analysts have recently issued sentiments on the stock thereby giving Applied Materials, Inc. (NASDAQ:AMAT) consensus price target of $18.13 and consensus rating of \u201cbuy.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Boston, MA 02\/19\/2014 (wallstreetpr) – Chesapeake Energy Corporation (NYSE:CHK) is in a buzz and that is all about what other investors are trying to think […]<\/p>\n","protected":false},"author":32,"featured_media":15562,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[263],"tags":[3630,3729,3079,855,1284,3730],"stock_ticker":[],"class_list":["post-15561","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-applied-materials-inc-nasdaqamat","tag-cemex-sab-de-cv-adr-nysecx","tag-chesapeake-energy-corporation-nysechk","tag-nasdaqamat","tag-nysechk","tag-nysecx","entry"],"acf":[],"yoast_head":"\n