Keybanc Maintains Overweight Rating for Gulfport Energy: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Keybanc has maintained its Overweight rating on Gulfport Energy (NYSE:GPOR) but reduced its price target from $147.00 to $143.00. Gulfport Energy's shares are currently trading at $125.76, down 0.16% over the last 24 hours. The new price target suggests a potential upside of 13.71%. Gulfport Energy is an independent exploration and development company with operations in Utica Shale and Scoop properties.
January 11, 2024 | 5:00 pm
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Keybanc maintains Overweight rating on Gulfport Energy with a reduced price target from $147 to $143, indicating a potential 13.71% increase from the current price.
The maintenance of an Overweight rating by Keybanc suggests a positive outlook on Gulfport Energy, which could instill investor confidence. However, the reduction in the price target might reflect a tempered but still optimistic expectation of the company's stock performance. The potential upside of 13.71% from the current price could attract investors looking for growth opportunities within the energy sector.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100