Scotiabank Maintains Sector Outperform on Freeport-McMoRan, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Scotiabank has maintained its Sector Outperform rating on Freeport-McMoRan (NYSE:FCX) and raised the price target from $53 to $60.
May 30, 2024 | 8:27 pm
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POSITIVE IMPACT
Scotiabank has maintained its Sector Outperform rating on Freeport-McMoRan and raised the price target from $53 to $60, indicating a positive outlook for the stock.
The raised price target and maintained outperform rating from a reputable analyst suggest increased investor confidence and potential for stock price appreciation in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100