U.S. energy CEOs ready for new drilling as oil prices plot upward path

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UBS Raises Price Target on Halliburton (HAL) to $50 Following 1Q Earnings

May 4, 2016 9:36 AM EDT

UBS reiterated a Buy rating on Halliburton (NYSE: HAL), and raised the price target to $50.00 (from $45.00), following the company's 1Q earnings report. Results were $0.01 ahead of estimates, driven by Corporate (+$0.02) and partially offset by Europe/CIS/Africa (-$0.01). North America, Latin America and Middle... More

Credit Suisse Downgrades Anadarko Petroleum (APC) to Neutral

May 4, 2016 7:16 AM EDT

Credit Suisse downgraded Anadarko Petroleum (NYSE: APC) from Outperform to Neutral with a price target of $55.00 after run-up.

Analyst Edward Westlake sees limited upside to their $55/share price target. He said there could be upside toward $60/share depending on the scale of... More