Anadarko Petroleum (APC) Posts Q4 GAAP Loss of $2.45/Share

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UBS Reiterates Buy on Anadarko Petroleum (APC) Following Strong 4Q EPS

February 2, 2016 9:27 AM EST

UBS maintained a Buy rating on Anadarko Petroleum (NYSE: APC), and cut the price target to $60.00 (from $62.00), following the company's 4Q earnings report. APC reported a 4Q EPS loss)of ($0.57), which was significantly better than consensus' ($1.09) estimate. The beat was driven by lower per-unit... More