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Fly News Breaks for October 24, 2019
FCX
Oct 24, 2019 | 08:31 EDT
Deutsche Bank analyst Chris Terry placed a "Catalyst Call" buy on Freeport McMoRan as a short-term investment idea. After reporting numbers below expectations for Q3, Freeport still retained full year 2019 copper sales guidance and moderately increased gold guidance, Terry tells investors in a research note. As such, the analyst believes the company is set for an improved Q4.