Bank of America Forecasts Strong Price Appreciation for Gulfport Energy (NYSE:GPOR) Stock

Gulfport Energy (NYSE:GPORFree Report) had its price target raised by Bank of America from $217.00 to $218.00 in a report released on Friday,Benzinga reports. They currently have a buy rating on the stock.

Several other analysts have also recently commented on the stock. Wall Street Zen upgraded shares of Gulfport Energy from a “hold” rating to a “buy” rating in a research note on Monday. KeyCorp reiterated an “overweight” rating and set a $215.00 target price (up from $205.00) on shares of Gulfport Energy in a research report on Thursday.

Read Our Latest Stock Report on Gulfport Energy

Gulfport Energy Price Performance

Shares of NYSE GPOR traded up $2.18 during midday trading on Friday, reaching $194.68. The stock had a trading volume of 157,285 shares.

About Gulfport Energy

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Gulfport Energy Corporation engages in the exploration, development, acquisition, production of natural gas, crude oil, and natural gas liquids (NGL) in the United States. Its principal properties include Utica Shale covering an area approximately 187,000 net reservoir acres primarily located in Eastern Ohio; and SCOOP covering an area approximately 74,000 net reservoir acres primarily located in Garvin, Grady, and Stephens.

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