JP Morgan Maintains Overweight on Gulfport Energy, Lowers Price Target to $162
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Zach Parham maintains an Overweight rating on Gulfport Energy (NYSE:GPOR) but lowers the price target from $178 to $162.
September 12, 2024 | 4:12 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
JP Morgan has maintained its Overweight rating on Gulfport Energy but has lowered the price target from $178 to $162, indicating a more cautious outlook.
The maintenance of an Overweight rating suggests continued confidence in Gulfport Energy's performance, but the lowered price target indicates a more cautious outlook, likely due to market conditions or company-specific factors. This could lead to a short-term negative impact on the stock price as investors adjust expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100