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Fly News Breaks for September 21, 2017
APC
Sep 21, 2017 | 09:10 EDT
Evercore ISS analyst Stephen Richardson said Anadarko's $2.5B share buyback announcement is a positive for both fundamentals and sentiment surrounding the company, but also for the E&P sector. Richardson said Anadarko is a significant independent E&P and is reacting to the shifting environment while showing growth will not come at any price. The analyst rates shares an Outperform with a $62 price target.
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