B of A Securities Downgrades Gulfport Energy to Neutral, Announces $151 Price Target
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Doug Leggate downgraded Gulfport Energy (NYSE:GPOR) from Buy to Neutral and set a price target of $151.

January 05, 2024 | 2:28 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Gulfport Energy was downgraded by B of A Securities from Buy to Neutral with a new price target of $151.
Downgrades typically lead to a mixed or negative reaction in the stock price as they suggest a less optimistic outlook by analysts. However, the establishment of a price target at $151, which may be above the current trading price, could indicate some remaining upside potential. The neutral score reflects this ambiguity.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100