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A number of firms have modified their ratings and price targets on shares of Gulfport Energy (NASDAQ: GPOR) recently:

  • Gulfport Energy had its “buy” rating reaffirmed by analysts at Goldman Sachs. They now have a $81.00 price target on the stock, down previously from $87.00.
  • Gulfport Energy was downgraded by analysts at Wells Fargo & Co. from an “outperform” rating to a “market perform” rating.
  • Gulfport Energy was downgraded by analysts at Stifel Nicolaus from a “buy” rating to a “hold” rating. They now have a $70.00 price target on the stock, down previously from $81.00. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • Gulfport Energy was downgraded by analysts at Johnson Rice from an “overweight” rating to an “equal weight” rating.
  • Gulfport Energy was downgraded by analysts at Global Hunter Securities from a “buy” rating to a “neutral” rating. They now have a $72.00 price target on the stock, down previously from $85.00.
  • Gulfport Energy had its price target lowered by analysts at UBS AG from $92.00 to $80.00. They now have a “sector outperform” rating on the stock.
  • Gulfport Energy had its price target lowered by analysts at Wunderlich from $100.00 to $80.00. They now have a “buy” rating on the stock.
  • Gulfport Energy had its price target lowered by analysts at RBC Capital from $72.00 to $66.00. They now have a “sector perform” rating on the stock.
  • Gulfport Energy had its price target lowered by analysts at Jefferies Group from $80.00 to $74.00.
  • Gulfport Energy had its price target lowered by analysts at SunTrust from $94.00 to $82.00.
  • Gulfport Energy had its price target lowered by analysts at Howard Weil from $92.00 to $80.00. They now have a “sector outperform” rating on the stock.
  • Gulfport Energy had its price target lowered by analysts at EuroPacific Canada from $82.00 to $75.00.
  • Gulfport Energy had its “overweight” rating reaffirmed by analysts at Barclays. They now have a $73.00 price target on the stock, down previously from $78.00.

Shares of Gulfport Energy Co. (NASDAQ:GPOR) traded down 1.43% during mid-day trading on Tuesday, hitting $60.245. 915,380 shares of the company’s stock traded hands. Gulfport Energy Co. has a 1-year low of $45.78 and a 1-year high of $75.75. The stock’s 50-day moving average is $71.03 and its 200-day moving average is $62.61. The company has a market cap of $5.134 billion and a price-to-earnings ratio of 25.91. Gulfport Energy also saw a large drop in short interest in the month of April. As of April 30th, there was short interest totalling 6,493,780 shares, a drop of 18.1% from the April 15th total of 7,926,824 shares. Based on an average daily volume of 1,515,953 shares, the short-interest ratio is presently 4.3 days. Currently, 7.7% of the shares of the company are short sold.

Gulfport Energy Corporation (NASDAQ:GPOR) is an independent oil and natural gas exploration and production company with its principal producing properties located along the Louisiana Gulf Coast in the West Cote Blanche Bay, or WCBB, and Hackberry fields, and in West Texas in the Permian Basin.

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