Radar Movers: Adobe Executive Heads to Apple, JPMorgan Announces Dividend

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Chesapeake Energy (NYSE:CHK) shares continue to fall in late afternoon hours. The natural gas giant was downgraded to Underperform from Neutral by Sterne Agee. The firm has a $20 price target on shares and cited that hedges will decrease Chesapeake’s exposure to rising natural gas prices.

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