Citigroup Upgrades Freeport-McMoRan To Buy

Citigroup upgraded

from Neutral to Buy. The price target for Freeport-McMoRan has been raised from $19 to $23. Freeport-McMoRan shares have declined 45.05% over the past 52 weeks, while the S&P 500 index has gained 14.83% in the same period. Freeport-McMoRan shares rose 0.66% to $18.42 in pre-market trading.