Gulfport Energy (GPOR) PT Lowered to $194 at Truist Securities

Truist Securities analyst Neal Dingmann lowered the price target on Gulfport Energy (NYSE: GPOR) to $194.00 (from $201.00) while maintaining a Buy rating.

The analyst commented: "We have adjusted our model for our revised price deck and updated our 2024/2025/2026 forecasts. Our $194 price target is derived from two equally weighted methodologies, with the first being our ’25 EV/EBITDAX multiple of 5.5x (peer average of 3.9x) applied to our 2025E EBITDAX estimate of $853MM (consensus of $907MM) and the second being a FCF/EV Yield assumption of 10.0%."

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