Broadpoint Initiates Coverage on Nova Biosource Fuels (NBF) with a Buy

April 2, 2008 7:56 AM EDT

Broadpoint initiates coverage on Nova Biosource Fuels (AMEX: NBF) with a Buy. Price target $2.00.

Nova Biosource Fuels, Inc. (Nova), formerly known as Nova Oil, Inc., is an energy company that refines and markets biodiesel. The Company owns three fully continuous flow biodiesel refineries.[SM]


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