Market Overview

Brean Capital Initiates Coverage On Freeport-McMoran Inc

Share:
Related FCX
Mid-Afternoon Market Update: Crude Oil Up 3%; Seagate Shares Drop After Q4 Miss
Mid-Day Market Update: Dow Rises Over 100 Points; Team Shares Plummet
The Vetr community has downgraded $FCX to 4-Stars (Vetr)

Brean Capital on Wednesday initiated coverage Freeport-McMoRan Inc (NYSE: 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.

Latest Ratings for FCX

DateFirmActionFromTo
Jul 2017BMO CapitalMaintainsMarket Perform
Jul 2017BerenbergDowngradesHoldSell
Mar 2017BerenbergUpgradesSellHold

View More Analyst Ratings for FCX
View the Latest Analyst Ratings

Posted-In: Brean CapitalNews Price Target Initiation Analyst Ratings

 

Related Articles (FCX)

View Comments and Join the Discussion!