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Fly News Breaks for February 12, 2019
FCX
Feb 12, 2019 | 17:14 EDT
Morgan Stanley analyst Piyush Sood upgraded Freeport McMoRan to Overweight but lowered his price target to $14 from $16.
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.