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Fly News Breaks for March 16, 2017
AXAS
Mar 16, 2017 | 07:41 EDT
Canaccord analyst Stephen Berman said the recent correction in Abraxas Petroleum is a buying opportunity. He said investors will be buying a growth company at a value multiple as Abraxas has positions in several leading U.S. onshore resource plays. Berman reiterated his Buy rating and $3.25 price target on Abraxas shares.
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