Raymond James Maintains Outperform on Freeport-McMoRan, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Brian MacArthur maintains an Outperform rating on Freeport-McMoRan (NYSE:FCX) and raises the price target from $53 to $55.
September 23, 2024 | 3:29 pm
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Raymond James has reaffirmed its Outperform rating for Freeport-McMoRan and increased the price target to $55, indicating positive expectations for the stock.
The increase in price target from $53 to $55 by Raymond James suggests a positive outlook for Freeport-McMoRan, likely boosting investor confidence and potentially leading to a short-term price increase.
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