Brean Capital on Wednesday initiated coverage Freeport-McMoRan Inc FCX 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.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in