Sterne Agee Reiterates Buy Rating, $60 PT on Energen Corporation

In a report published Wednesday, Sterne Agee Group reiterated its Buy rating and $60.00 price target on Energen Corporation (NYSE: EGN ). Sterne Agee noted, “After the close, Energen provided updated guidance on its 4Q12 and 2013 outlook. The company reduced production guidance through 2013, citing prolonged ethane rejection, continued