Scotiabank lowered the firm’s price target on Freeport-McMoRan (FCX) to $52 from $53 and keeps a Sector Perform rating on the shares. While the company reported “better-than-expected” Q3 results, the firm views the update as largely neutral for the shares, the analyst tells investors.
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Read More on FCX:
- Freeport-McMoRan price target raised to $57 from $53 at Raymond James
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