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Gulfport Energy price target lowered to $228 from $237 at BofA

BofA analyst Noah Hungness lowered the firm’s price target on Gulfport Energy (GPOR) to $228 from $237 and keeps a Buy rating on the shares. The firm is updating its price targets for U.S. Oil and Gas stocks under its coverage, the analyst tells investors. BofA believes the market is positioned for de-escalation and sees a forward outlook marked by flare-ups and heightened geopolitical risks.

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