Gulfport Energy (GPOR -2.3%) is cut to Hold from Buy at Stifel Nicolaus on valuation after a...

|About: Gulfport Energy Corporation (GPOR)|By:, SA News Editor

Gulfport Energy (GPOR -2.3%) is cut to Hold from Buy at Stifel Nicolaus on valuation after a strong run based on its first seven Utica well results along with production growth guidance. With near-term downside risk to oil along with execution risk related to delivering the growth, the firm suggests investors move to the sidelines.