Anadarko PetroleumAnadarko Petroleum ( APC) was upgraded to outperform from perform at Oppenheimer, with a $90 price target, following its recent settlement with BP (BP) over Macondo oil spill liabilities. Anadarko was gaining $2.18, or 2.9%, at $76.62 in recent trading. As of the most recent reporting period, Anadarko comprises 0.7% of the portfolio of Bruce Kovner's Caxton Associates and 0.8% of Steven Cohen's SAC Capital portfolio. Anadarko, which is engaged in the exploration and production of oil and natural gas, has a market cap of $37.1 billion and a 1.9 short interest ratio, and it trades at a P/E of 44.3. The stock yields 0.5%. Of 23 analysts covering the Anadarko, 17 rate it a buy, and six rate it a hold. TheStreet Ratings has a B- buy rating on the stock. Baker Hughes Sterne Agee initiated coverage of Baker Hughes ( BHI) with a buy rating and a $71 price target, citing the company's restructuring efforts toward a geomarket focus. The stock was up $1.53, or 21.9%, oat $54.97 in recent trading. As of the most recent reporting period, Baker Hughes is one of the top holdings of Ken Heebner's Capital Growth Management and comprises 2.8% of John Griffin's Blue Ridge Capital portfolio. Oilfield services company Baker Hughes has a market cap of $23.3 billion and a 1.5 short interest ratio, and it trades at a P/E of 17.6. The stock yields 1.1%. Of 22 analysts covering Baker Hughes, 18 rate it a buy, and four rate it a hold. TheStreet Ratings has a B- buy rating on the stock.