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FCX

Freeport McMoRan

$8.55 /

+0.04 (+0.47%)

06:21
10/10/19
10/10
06:21
10/10/19
06:21

Freeport McMoRan upgraded to Buy from Neutral at UBS

UBS analyst Andreas Bokkenheuser upgraded Freeport McMoRan to Buy from Neutral with a price target of $12, down from $13. The analyst believes the market is overly focused on lower near-term copper prices versus the company's growth trajectory. Bokkenheuser, who lowered his copper estimates, believes Freeport is oversold at current share levels. The company's "disproportionally high" gold exposure and 10% annual production growth should drive outperformance relative to peers, contends the analyst.

  • 23

    Oct

FCX Freeport McMoRan
$8.55 /

+0.04 (+0.47%)

09/20/19 Exane BNP Paribas
Freeport McMoRan initiated with an Outperform at Exane BNP Paribas
07/25/19
Fly Intel: Top five analyst upgrades
07/24/19
Freeport McMoRan upgraded to Sector Perform at RBC Capital on copper view
07/24/19 RBC Capital
Freeport McMoRan upgraded to Sector Perform from Underperform at RBC Capital

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