Positive Outlook Signals: Gulfport Energy, Range Resources, EOG Resources, Bloom Energy, and Shake Shack
- May 20th, 2023
- 592 views
In recent analyst actions, several companies have received upgrades from prominent financial institutions.
Gulfport Energy Corporation (NYSE: GPOR) has been upgraded from Neutral to Buy by Mizuho, a notable financial institution. This upgrade signifies an optimistic outlook for the company's future prospects. On Friday, $GPOR closed at $102.71, showing a gain of $1.16 (+1.14%).
Range Resources Corporation (NYSE: RRC) has also received an upgrade from Mizuho, moving from Neutral to Buy. This upgraded rating indicates increased confidence in the company's performance. $RRC closed at $29.33 on Friday, experiencing a slight decrease of $0.16 (-0.54%).
EOG Resources, Inc. (NYSE: EOG) has been upgraded by Mizuho from Neutral to Buy. This upgrade suggests a positive sentiment regarding EOG Resources' potential moving forward. On Friday, $EOG closed at $114.59, reflecting a gain of $2.57 (+2.29%).
Bloom Energy Corporation (NYSE: BE) has received an upgrade from Neutral to Overweight by JP Morgan, another reputable financial institution. This upgrade indicates a more favorable outlook for the company's prospects. $BE closed at $13.94 on Friday, showing an increase of $0.29 (+2.12%).
Shake Shack Inc. (NYSE: SHAK) has been upgraded by Morgan Stanley from Underweight to Equal-Weight, with the price target raised from $52 to $63. This upgrade suggests improved expectations for Shake Shack's performance. On Friday, $SHAK closed at $66.69, experiencing a slight decrease of $0.03 (-0.04%).
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)
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