JP Morgan Maintains Overweight on Gulfport Energy, Raises Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Zach Parham maintains an Overweight rating on Gulfport Energy and raises the price target from $162 to $175.
October 10, 2024 | 6:49 pm
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JP Morgan has increased its price target for Gulfport Energy from $162 to $175 while maintaining an Overweight rating, indicating a positive outlook on the stock.
The increase in price target from $162 to $175 by JP Morgan, along with maintaining an Overweight rating, suggests a positive sentiment towards Gulfport Energy's stock. This is likely to lead to a short-term increase in stock price as investors react to the updated target and rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100