Anadarko shares should be bought into earnings, says Canaccord Canaccord expects Anadarko to report that its production was about 1.5% above its guidance last quarter, meaning that the company's capital productivity is some 20% ahead of the industry average. The firm keeps a $120 price target and Buy rating on the shares.
News For APC From The Last 14 Days
Check below for free stories on APC the last two weeks.
Anadarko downgraded to Market Perform from Outperform at Bernstein Bernstein downgraded Anadarko to Market Perform citing valuation and expectations for lower crude prices throughout the year. The firm keeps a $107 price target for shares.