Michael Schmitz

Ladenburg Thalmann launched coverage of Anadarko Petroleum Corporation (NYSE: APC) with a Buy rating and $85 price target, which implies potential upside of 20 percent and represents 175 percent proven reserve LV multiple. “We believe the premium valuation is warranted given its potential...

Boenning & Scattergood analysts Michael Schmitz and Michael G. Roomberg reiterated their Outperform rating of Concho Resources Inc. (NYSE: CXO) shares and their price target of $52. The Boenning & Scattergood analysts were largely positive about the stock, noting that Concho Resources beat...