Global Hunter starts Gran Tierra Energy (GTE) with a Buy rating and $6.50 price target, seeing...

|About: Gran Tierra Energy, Inc (GTE)|By:, SA News Editor

Global Hunter starts Gran Tierra Energy (GTE) with a Buy rating and $6.50 price target, seeing the stock as an undervalued play on Latin America, where political shifts, improving price realizations and promising geology are making for some world-class developments. Given GTE's lack of debt, decent cash flow and potential for exploration success, the firm likes the upside potential.