Information Provided By: 
Fly News Breaks for September 23, 2016
APC
Sep 23, 2016 | 07:24 EDT
After Anadarko agreed to a $2B deal to buy deepwater Gulf of Mexico assets from Freeport McMoRan (FCX), Wells Fargo likes the accretiveness of the .transaction and the strong cash flow it will produce. The firm is upbeat on the valuation of the deal which it believes will produce leverage benefits for the company. Wells raised its price target on Anadarko to $70-480 from $65-$75 and keeps an Outperform rating on the stock.
News For APC From the Last 2 Days
There are no results for your query APC
