Information Provided By:
Fly News Breaks for July 11, 2019
FCX
Jul 11, 2019 | 07:01 EDT
Deutsche Bank analyst Chris Terry last night upgraded Freeport McMoRan to Buy from Hold and raised his price target for the shares to $13.50 from $12.50. Progress continues at Grasberg, says the analyst, who is positive on copper in the second half of 2019. He believes Grasberg underground development is making "encouraging" development progress.