RothCapital News & Analysis
2 articles
Market Mood
AngloGold Ashanti (AU) Analysts Set Price Targets Amid Market Changes
AngloGold Ashanti PLC (AU) received diverging analyst views, with Freedom Broker initiating coverage on June 26, giving it a Buy rating and a price target of $114. Roth Capital reiterated a Buy rating but lowered its price target to $110 from $121 due to a recent ban on unrefined gold exports from Guinea, which could significantly impact operations. The company's stock trades around $78, indicating potential upside despite recent challenges, including a more than 25% decline in gold prices from its all-time high. This situation highlights both the opportunities and risks for investors in the gold sector.
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Gulfport Energy (GPOR) Price Target Raised to $215 by Roth Capital
Roth Capital raised the price target for Gulfport Energy Corporation (GPOR) from $200 to $215 on April 1, reflecting a potential upside of nearly 6% from the current share price. This adjustment occurs despite the departure of CEO John Reinhart, who led the company for over three years. Roth maintained a 'Neutral' rating on GPOR shares, expressing confidence in the remaining leadership team's ability to sustain operational effectiveness. Gulfport Energy is recognized as one of the 15 Best American Energy Stocks according to Wall Street Analysts.
Read More: Gulfport Energy (GPOR) Price Target Raised to $215 by Roth Capital