Gulfport Energy price target lowered to $219 from $230 at Truist

Truist lowered the firm’s price target on Gulfport Energy (GPOR) to $219 from $230 and keeps a Hold rating on the shares as part of a broader research note on E&P names in Energy. The firm is updating its models after Q1 results, with key themes centered around acceleration of activity or lack thereof, as companies are more than happy to keep levels as is and benefit from higher prices and efficiency gains.