RBC Capital analyst Scott Hanold raised his price target on Anadarko to $72 after the company posted a "significant beat" in its Q4 earnings and a 4-times increase in its dividend payout. Hanold also raised his FY18 EPS forecast to 78c from (31c) on lower cash costs and improved margins. While the company has modeled near-term activity target based on the WTI price of $50 per barrel, Hanold says his model suggests an average price of $55, which should deliver post-dividend free cash flow of about $700M. The analyst keeps his Outperform rating on Anadarko Petroleum.