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Stock Market & Financial Investment News

News Breaks
May 28, 2014
08:32 EDTFCXFreeport McMoRan best pick in U.S. metals and mining sector, says Bernstein
Bernstein identifies Freeport McMoRan as its Best of Bernstein pick in the U.S. metals and mining sector. The firm expects the company to benefit from 25% copper production growth and copper price increases, and it thinks the company's energy assets have significant potential. Bernstein finds the stock's valuation attractive and has a $40 price target and Outperform rating on the shares.
News For FCX From The Last 14 Days
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April 16, 2015
10:58 EDTFCXStocks with call strike movement; RIG FCX
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April 13, 2015
10:00 EDTFCXOn The Fly: Analyst Downgrade Summary
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10:00 EDTFCXOn The Fly: Analyst Upgrade Summary
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07:20 EDTFCXFreeport McMoRan downgraded at BofA/Merrill
As previously reported, BofA/Merrill downgraded Freeport McMoRan to Underperform from Neutral. The firm lowered Freeport McMoRan free cash flow estimates and price target to $19 from $22.50 following a reduction in copper and Brent oil price forecasts and said it does not expect a recovery until 2017 and the dispute over Grasberg remains an overhang.
07:06 EDTFCXFreeport McMoRan downgraded to Underperform from Neutral at BofA/Merrill
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06:11 EDTFCXFreeport McMoRan upgraded to Buy from Neutral at Citigroup
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