Gulfport Energy price target lowered to $215 from $245 at BofA

Group 1 - BofA has lowered the price target on Gulfport Energy (GPOR) to $215 from $245 while maintaining a Buy rating on the shares [1] - There has been bullish sentiment on natural gas for the past 18 months, but rising risks of oversupply in 2027 are anticipated [1] - The combination of oversupply risks and lower price forecasts has led to an average 12% reduction in price objectives among the gas-levered exploration and production (E&P) group [1]