Scotiabank raised the firm’s price target on Freeport-McMoRan (FCX) to $43 from $40 and keeps a Sector Perform rating on the shares. The firm updated its price targets on stocks in the Metals & Mining sector, citing tariff de-escalation and solid Q1, the analyst tells investors.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FCX:
- Mixed options sentiment in Freeport McMoRan (FCX), with shares up $0.69 (+1.78%) near $39.80.
- Mixed options sentiment in Freeport McMoRan (FCX), with shares up $1.60 (+4.23%) near $39.46.
- Mixed options sentiment in Freeport McMoRan (FCX), with shares up $0.76 (+2.04%) near $37.77.
- Freeport-McMoRan Earnings Call Highlights Growth Amid Challenges
- Freeport-McMoRan price target raised to $50 from $48 at Jefferies