CHESAPEAKE GRNT (CHKR) Upgraded by Zacks to NEUTRAL

Zacks Investment Research upgraded shares of CHESAPEAKE GRNT (CHKR) from UNDERPERFORM to NEUTRAL on May 01, 2013, with a target price of $16.60.

Chesapeake Granite Wash Trust is a trust formed to own royalty interests in oil and natural gas producing wells. The Trust has royalty rights to horizontal wells in the Colony Granite Wash area in Washita County, Oklahoma.

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