Morgan Stanley raised the firm’s price target on Freeport-McMoRan (FCX) to $70 from $53 and keeps an Overweight rating on the shares after updating the firm’s estimates to include the latest company guidance following Q4 earnings.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FCX:
- Early notable gainers among liquid option names on January 26th
- Freeport-McMoRan price target raised to $70 from $63 at Scotiabank
- Freeport-McMoRan price target raised to $70 from $60 at UBS
- Amarc, Freeport announces assay results from AuRORA Deposit drilling
- Freeport-McMoRan downgraded to Market Perform from Outperform at Bernstein