Information Provided By:
Fly News Breaks for January 27, 2016
FCX
Jan 27, 2016 | 07:17 EDT
Jefferies analyst Christopher LaFemina views Freeport McMoRan's decision to consider selling high quality copper assets to pay down debt as the right move that could lead to "significant upside" in the share price. The sooner, the better, the analyst tells investors in a research note. He keeps a Hold rating on Freeport with a $5 price target.