BofA raised the firm’s price target on Gulfport Energy to $160 from $158 and keeps a Buy rating on the shares following the company’s Q3 report. Management raised fiscal year production guidance the firm sees Gulfport being positioned for “a potentially more capital efficient 2024,” the analyst tells investors.
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Read More on GPOR:
- Gulfport Energy raises FY23 outlput view to 1,045 MMcfe-1,055 MMcfe per day
- Gulfport Energy reports Q3 adjusted EBITDA $160.0M vs. $144.5M in Q2
- GPOR Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Permian, Magnolia could be acquisition targets in energy space, Truist says
- Gulfport Energy price target raised to $135 from $133 at Mizuho
