Bernstein Initiates Coverage On Freeport-McMoRan with Market Perform Rating, Announces Price Target of $41
Portfolio Pulse from richadhand@benzinga.com
Bernstein analyst Bob Brackett has initiated coverage on Freeport-McMoRan (NYSE:FCX) with a Market Perform rating and a price target of $41.
June 29, 2023 | 8:50 am
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Bernstein has initiated coverage on Freeport-McMoRan with a Market Perform rating and a price target of $41.
The news of Bernstein initiating coverage on Freeport-McMoRan with a Market Perform rating and a price target of $41 is directly related to the company. This could influence investors' perception of the company and potentially impact the stock price. However, as the rating is 'Market Perform', it suggests that the analyst expects the stock to perform in line with the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100