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Fly News Breaks for December 3, 2015
GPOR
Dec 3, 2015 | 07:02 EDT
Jefferies analyst Daniel Braziller added Gulfport Energy to his firm's Franchise Picks list saying the pullback in shares on the company's lower growth outlook is now overdone. Reducing the pace of development keeps Gulfport's balance sheet healthy, which preserves its asset value, Braziller tells investors in a research note. He lowered his price target for shares to $36 from $38 and keeps a Buy rating on the name.
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