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Fly News Breaks for April 2, 2015
GPOR
Apr 2, 2015 | 07:30 EDT
Jefferies raised its price target for Gulfport Energy shares to $60 saying it believes the company can grow production roughly 85% this year with a "healthy" balance sheet. It notes Gulfport grew proved reserves by more than 300% in 2014, driven by the development of its Utica shale position. The firm keeps a Buy rating on the stock.
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