TD Cowen upgraded Gulfport Energy (GPOR) to Buy from Hold with a price target of $197, up from $187. The firm has shifted its bias toward gas-weighted equities citing the “unwarranted widening in the valuation gap” relative to peers. TD sees further upside to Gulfport shares supported by the company’s low cost gassy assets and strong execution. It sees an attractive entry point post the recent selloff.
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Read More on GPOR:
- 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
- Gulfport Energy’s Strong Financial Position and Operational Efficiency Drive Buy Rating
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