Anadarko Announces Third-Quarter 2016 Results

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Credit Suisse Upgrades Anadarko Petroleum (APC) to Outperform

November 2, 2016 7:49 AM EDT

Credit Suisse upgraded Anadarko Petroleum (NYSE: APC) from Neutral to Outperform with a price target of $77.00 (from $70.00).

Analyst E. Westlake commented, "At 1Q, we reduced exposure in the large cap E&P sector via HES and APC. Today, we're adding APC back into the large cap E&P portfolio. We raise our... More

UBS Raises Price Target on Anadarko Petroleum (APC) to $73; Reiterates Buy

November 1, 2016 8:44 AM EDT

UBS reiterated a Buy rating on Anadarko Petroleum (NYSE: APC), and raised the price target to $73.00 (from $69.00), following the company's 3Q earnings report. CFPS of $1.56 was above consensus' $1.36. APC raised its 2016 production guidance by ~16 MBoed to 716-721 MBoed, with roughly half... More