Anadarko (APC +1%) shares are upgraded to Buy from Hold with a $100 target price at Stifel...

|About: Anadarko Petroleum Corporation (APC)|By:, SA News Editor

Anadarko (APC +1%) shares are upgraded to Buy from Hold with a $100 target price at Stifel Nicolaus. “As new projects ramp up in 2012, startup visibility of longer lead-time projects improves, high-impact exploration testing continues, and the balance sheet improves further from planned 2012 asset sales and joint ventures," Stifel sees the stock continuing to perform well.