Skip to main content

Market Overview

Wunderlich Securities Reiterates Buy Rating, $44 PT on Gulfport Energy Corporation

Share:

In a report published Wednesday, Wunderlich Securities reiterated its Buy rating and $44.00 price target on Gulfport Energy Corporation (NASDAQ: GPOR).

Wunderlich Securities noted, “Gulfport Energy (GPOR) announced its seventh (and best) well in the Utica shale as it continues to demonstrate that it is in one of the most prospective and productive areas in the play, which may well be one of the most economic in the space. Additionally, Gulfport has now brought two wells online in the Utica and should see more come on in the coming months, allowing it to hit the aggressive guidance levels it has put out for 2013. We continue to believe Gulfport is both the best way to play the Utica and the stock in the space with the most upside and last night's release only strengthens our conviction.”

Gulfport Energy Corporation closed on Tuesday at $31.73.

Latest Ratings for GPOR

DateFirmActionFromTo
Jun 2021Truist SecuritiesInitiates Coverage OnBuy
Aug 2020Morgan StanleyMaintainsUnderweight
Aug 2020Piper SandlerMaintainsUnderweight

View More Analyst Ratings for GPOR
View the Latest Analyst Ratings

 

Related Articles (GPOR)

View Comments and Join the Discussion!

Posted-In: Wunderlich SecuritiesAnalyst Color Reiteration Analyst Ratings

Latest Ratings

StockFirmActionPT
GOTUCitigroupDowngrades12.0
ATERRoth CapitalMaintains25.0
FMTXSVB LeerinkMaintains54.0
TALCitigroupDowngrades
PLXSLoop CapitalMaintains105.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com