Gulfport Energy price target raised to $166 from $148 at Mizuho

Mizuho raised the firm’s price target on Gulfport Energy to $166 from $148 and keeps a Neutral rating on the shares post the Q4 report. Gulfport is responding to lower gas prices by holding volumes flat, focusing on longer laterals to improve efficiencies, and focusing on more liquids-rich projects, the analyst tells investors in a research note.