Information Provided By: 
Fly News Breaks for September 7, 2017
FCX
Sep 7, 2017 | 07:14 EDT
Macquarie analyst David Lipschitz initiated Freeport McMoRan with a Neutral and a $16 price target. The analyst believes the copper market has tightened but feels it is still oversupplied in the medium term.
News For FCX From the Last 2 Days
FCX
Apr 17, 2024 | 05:46 EDT
JPMorgan raised the firm's price target on Freeport-McMoRan to $52 from $43 and keeps a Neutral rating on the shares as part of a Q1 earnings preview for the North America copper group. Copper's recent bullish shift has unfolded quicker than expected while coinciding with earlier than anticipated momentum building in global manufacturing PMIs, suggesting pricing may have outpaced fundamentals at this point, the analyst tells investors in a research note.
