Evercore Partners Initiates Anadarko Petroleum With Buy

Analysts at Evercore Partners initiated coverage on Anadarko Petroleum Corporation (NYSE: APC) with a Buy rating.

The target price for Anadarko Petroleum is set to $100.

Anadarko Petroleum shares have dropped 17.67 percent over the past 52 weeks, while the S&P 500 index has surged 9.74 percent in the same period.

Anadarko Petroleum shares climbed 0.26 percent to close at $83.83 yesterday.