BofA raised the firm’s price target on Freeport-McMoRan (FCX) to $81 from $68 and keeps a Buy rating on the shares. The firm is updating its price targets for North American Metals & Mining stocks under its coverage after updating forecasts for metal prices in 2026, the analyst tells investors.
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Read More on FCX:
- Freeport-McMoRan Advances Grasberg Rights with Indonesian MOU
- Freeport-McMoRan upgraded to Buy from Hold at Freedom Capital
- Freeport-McMoRan price target raised to $72 from $70 at Scotiabank
- Freeport-McMoRan enters MOU with Indonesia government, extends operating rights
- Mixed options sentiment in Freeport McMoRan with shares up 2.5%
