Argus Research Maintains Buy on Freeport-McMoRan, Raises Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
Argus Research analyst David Coleman maintains a Buy rating on Freeport-McMoRan (FCX) and raises the price target from $44 to $54.
April 25, 2024 | 4:06 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Argus Research analyst David Coleman reaffirms a Buy rating on Freeport-McMoRan and increases the price target to $54.
The upgrade in the price target from $44 to $54 by a reputable analyst suggests a strong bullish outlook on Freeport-McMoRan's stock. This is likely to instill confidence among investors, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100