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GPOR Target Prices Raised
Posted: Tue Aug 27, 2013 8:55 am
by dan_s
Capital One upgraded Gulfport Energy based on Utica dry gas development and potential for tighter down spacing. Price target raised to $85 from $79.
Re: GPOR Target Prices Raised
Posted: Wed Sep 04, 2013 11:08 am
by setliff
Gulfport Energy Corp sets a new 52-week high 09/04 10:34 AM
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Gulfport Energy Corp (GPOR:$61.99,00$2.25,003.77%) crossed above its 52-week high of $61.46 on 11:34 AM ET on September 04, 2013.
Re: GPOR Target Prices Raised
Posted: Wed Sep 04, 2013 2:44 pm
by setliff
Gulfport Energy moves higher after favorable analyst initiations • 2:59 PM
-Gulfport Energy (GPOR +3.8%) advances after shares are initiated at Overweight/Outperform at Barclays and Wells Fargo.
-Barclays says GPOR's shale position could drive significant volume growth over the next several years; coupled with a strong liquidity position, the company appears poised to deliver that growth to equity owners. PT is $71.
-Wells Fargo views GPOR as a de facto Utica pure play that gives investors exposure to what is quickly becoming a world-class asset, with GPOR's core asset located in the southern Utica in what it believes to be the sweet spot of the play.
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