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.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
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