ISI upgrades Anadarko

• Anadarko (NYSE:APC) managed to buck a generally weak tape Friday, rising 2.6% in the midst of a rather lackluster session.
• Likely helping to tip sentiment was an upgrade to Strong Buy from Buy at ISI.
• The price target on the shares was raised from $95 to $115 representing a nearly 26% upside from Friday's close.
• Other APC news: Dan Loeb pares stake by 20% in Q2; APC lands on Goldman's 40 cheapest stocks list; APC could benefit from Mexican energy reform