Wells Fargo raised the firm’s price target on Freeport-McMoRan (FCX) to $77 from $64 and keeps an Overweight rating on the shares. The firm raises estimates on higher copper forecasts from mine disruptions and higher costs.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FCX:
- Freeport-McMoRan price target lowered to $71 from $72 at Scotiabank
- The Week That Was, The Week Ahead: Macro and Markets, April 12
- Mixed options sentiment in Freeport McMoRan with shares up 0.15%
- Freeport-McMoRan price target raised to $76 from $68 at JPMorgan
- Mixed options sentiment in Freeport McMoRan with shares up 7.17%