Abraxas Petroleum (AXAS) Tops Q4 EPS by 1c
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UPDATE: Canaccord Genuity Upgrades Abraxas Petroleum (AXAS) to Buy
March 6, 2015 6:39 AM EST(Updated - March 6, 2015 11:17 AM EST)
Canaccord Genuity upgraded Abraxas Petroleum (NASDAQ: AXAS) from Hold to Buy with a price target of $3.75 (from $3.25). Analyst Stephen Berman noted its strong balance sheet, which positions it to make acquisitions.
"AXAS has positions in two of the leading resource plays in the US, the Williston... More
