KeyBanc raised the firm’s price target on Gulfport Energy (GPOR) to $230 from $205 and keeps an Overweight rating on the shares. The firm comes away impressed by management’s ability to grow inventory and resource potential while reducing the share count and holding leverage in check. Gulfport has done “an admirable job of addressing inventory depth, the most frequent concern we hear from investors,” KeyBanc adds.
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