A Closer Look at 10 Analyst Recommendations For Freeport-McMoRan
Portfolio Pulse from Benzinga Insights
Freeport-McMoRan (NYSE:FCX) has received diverse analyst ratings over the past three months, with a mix of bullish, somewhat bullish, and indifferent perspectives. The average 12-month price target has increased to $55.4, reflecting a 14.63% rise from the previous average. Key analysts from firms like Morgan Stanley, Scotiabank, UBS, and JP Morgan have adjusted their ratings and price targets, indicating a generally positive outlook.
June 21, 2024 | 3:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Freeport-McMoRan has received a mix of bullish, somewhat bullish, and indifferent ratings from analysts over the past three months. The average 12-month price target has increased to $55.4, a 14.63% rise from the previous average. Key analysts from major firms have adjusted their ratings and price targets, indicating a generally positive outlook for the stock.
The increase in the average 12-month price target and the positive adjustments from key analysts suggest a favorable short-term outlook for Freeport-McMoRan. The diverse range of ratings, with a tilt towards bullish and somewhat bullish, indicates growing investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100