Evercore Partners Initiates Anadarko Petroleum With Buy

Analysts at Evercore Partners initiated coverage on Anadarko Petroleum Corporation 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.