Raymond James Maintains Outperform on Freeport-McMoRan, Raises Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Brian MacArthur has maintained an Outperform rating on Freeport-McMoRan (NYSE:FCX) and increased the price target from $42 to $43.
January 04, 2024 | 2:13 pm
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Raymond James analyst has reaffirmed Freeport-McMoRan's Outperform rating and raised the price target to $43.
The increase in price target by a reputable analyst typically signals confidence in the company's future performance and can lead to increased investor interest and a potential short-term rise in the stock price.
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