Natural Gas: J.P. Morgan Downgrades Chesapeake, Stock Down 4% (CHK)

Another of our attempts to show off some of the 1300 feeds we subscribe to. I'll link to their homepage, scroll down if you wish.
JPM did the deed before the EIA numbers came out.
The stock is down a buck at $22.38.
From South of Wall Street:

...CHK - Chesapeake downgraded at JPM  citing a lack of catalysts, over-leverage to natural gas, and excessive spending. Target is $14.50.  Oh yeah.. they also have a $9.6B funding gap….