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To: Salt'n'Peppa who wrote (158596)10/18/2011 9:30:19 AM
From: Dennis Roth3 Recommendations  Read Replies (2) | Respond to of 206180
 
Anadarko Petroleum Corp (APC)
Settlement With BP On Macondo Removes Overhang On Shares
17 October 2011 ¦ 9 pages
ir.citi.com

...Raising Price Target to $120/sh, Reiterate Buy Rating – Thus, we reiterate our Buy
rating on APC shares and are raising our price target to $120 from $100/share. This
higher price target results from removing the uncertainty surrounding Macondo while
allowing Anadarko to move forward with unlocking the value of a deep inventory of
discoveries via the sale/monetization/development of these assets starting with Brazil...