APC Likely to See Success In Drilling Projects

By Monica Gerson
Benzinga Staff Writer
March 04, 2010 10:16 AM

Symbols: APC

Posted in: Earnings, Long Ideas, Price Target, Markets, Analyst Ratings, Trading Ideas

Analysts at FBR Capital maintain their "outperform" rating on Anadarko Petroleum (NYSE: APC). The target price for APC has been raised from $75 to $90.

FBR Capital has projected a 3-year target price of $140 for APC. Anadarko Petroleum is likely to witness robust success on its drilling projects.

APC’s shares closed at $70.17 yesterday. More Analyst Ratings here

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APC Likely to See Success In Drilling Projects

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