Brean Capital Initiates Coverage On Freeport-McMoran Inc

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Brean Capital on Wednesday initiated coverage
Freeport-McMoRan IncFCX
with a Buy rating and $39 price target. The firm cited strong cash flow generation and low cost structure as the reasons behind the Buy initiation. Freeport-McMoRan Inc last traded at $31.30, down 1.8 percent.
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Posted In: NewsPrice TargetInitiationAnalyst RatingsBrean Capital
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