Scotiabank Cuts Freeport-McMoRan (NYSE:FCX) Price Target to $45.00
Freeport-McMoRan (NYSE:FCX – Free Report) had its price objective cut by Scotiabank from $48.00 to $45.00 in a research report released on Friday morning,Benzinga reports. The brokerage currently has a sector perform rating on the natural resource company’s stock.
Why Did Jefferies Give Freeport-McMoRan Inc (FCX) Stock Hold Rating?
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.58% of Freeport-McMoRan Inc (FCX)’s shares, while financial institutions hold 84.57%.
What's Going On With Freeport-McMoRan (FCX) Stock Ahead Of Q4 Earnings Report?
Freeport-McMoRan exceeded market expectations in Q3 with $6.79 billion in revenue and strong copper and gold sales. The company expects strong Q4 results with 1 billion pounds of copper and 450 thousand ounces of gold.
We recently compiled a list of the 10 Best Commodity Stocks to Invest in According to Hedge Funds. In this article, we are ...
MarketBeat on MSN3d
Despite Short-Term Risks Freeport McMoran Worth a LookFreeport-McMoRan Inc. (NYSE: FCX) stock shares are down nearly 4% (3.96%) after the company released its fourth quarter and ...
Freeport-McMoRan (NYSE:FCX – Get Free Report) had its price objective cut by research analysts at BMO Capital Markets from ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. It primarily explores for copper, gold, molybdenum, silver, and other metals.
Scotiabank analyst Orest Wowkodaw maintained a Hold rating on Freeport-McMoRan (FCX – Research Report) today and set a price target of $45.00.
In last week’s Sunday Digest, I (Tom Yeung) wrote how cyclical companies are often incredible investments. Firms like copper ...
FCX's swing trade potential has been excellent, as observed in the established support and resistance levels, thanks to the ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback