Evercore ISI raised the firm’s price target on Gulfport Energy (GPOR) to $190 from $170 and keeps an In Line rating on the shares. The firm is marking to market estimates for Q1 actual commodity prices and boosting its price target on inorganic location adds, a lower share count, and rolling forward its net asset value to account for higher gas prices.
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Read More on GPOR:
- Gulfport Energy upgraded to Buy from Hold at TD Cowen
- Gulfport Energy: Attractive Entry Point with Strong Growth Potential and Valuation Upside
- Gulfport Energy price target lowered to $211 from $216 at JPMorgan
- Gulfport Energy price target lowered to $228 from $263 at Siebert Williams
- Gulfport Energy price target lowered to $224 from $227 at BofA