RBC Capital Reiterates Sector Perform on Freeport-McMoRan, Maintains $55 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Sam Crittenden has reiterated a 'Sector Perform' rating on Freeport-McMoRan (NYSE:FCX) and maintained a price target of $55.
January 25, 2024 | 4:33 pm
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RBC Capital analyst Sam Crittenden reaffirmed a 'Sector Perform' rating on Freeport-McMoRan with a $55 price target.
The reiteration of the 'Sector Perform' rating and maintenance of the price target suggests that RBC Capital's view on Freeport-McMoRan remains unchanged. This is likely to have a neutral short-term impact on the stock as it does not present new information that would significantly alter investor sentiment or expectations.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100