Mizuho raised the firm’s price target on Gulfport Energy to $135 from $133 and keeps a Buy rating on the shares. The analyst expects the focus of the Q3 earnings call to be on the modest inflection to positive free cash flow in the quarter and the outlook for even higher FCF in Q4 as spending declines and volume ramps up concurrently with higher gas prices.
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Read More on GPOR:
- Gulfport Energy price target raised to $158 from $155 at BofA
- Gulfport Energy expands stock buyback by 63% to $650M
- Gulfport Energy price target lowered to $133 from $134 at Mizuho
- Gulfport Energy price target raised to $150 from $134 at Truist
- Gulfport Energy initiated with an Outperform at Evercore ISI
