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Fly News Breaks for March 16, 2016
GPOR
Mar 16, 2016 | 07:51 EDT
Canaccord noted Gulfport Energy is trading at a discount to its group, but feels the discount is unwarranted given the company's strong growth and financial profile. The firm cited Gulfport's strong balance sheet with an undrawn borrowing base. Canaccord reiterated its Buy rating and $35 price target on Gulfport Energy shares.
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