Gulfport Energy price target raised to $99 from $90 at Truist

Truist analyst Neal Dingmann raised the firm’s price target on Gulfport Energy to $99 from $90 and keeps a Buy rating on the shares after its Q4 production update. The company should have sequentially higher free cash flows this year, driven by slightly higher production, nearly fully hedged prices, and limited cost inflation, the analyst tells investors in a research note.