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Sterne, Agee & Leach Initiates Coverage on Abraxas Petroleum (ABP)

May 15, 2008 8:45 AM EDT
ABP Hot Sheet
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    Up: 16 | Down: 7 | New: 23
Sterne, Agee & Leach initiates coverage on Abraxas Petroleum (AMEX: ABP) with a Buy. Price target $5.50.

Abraxas Petroleum Corporation (Abraxas) is an independent energy company primarily engaged in the development and production of natural gas and crude oil.

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