Brean Capital Initiates Coverage On Freeport-McMoran Inc
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
|Feb 2017||Deutsche Bank||Downgrades||Hold||Sell|
|Feb 2017||JP Morgan||Reinstates||Overweight||Neutral|
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