Citi Downgrades Freeport-McMoRan (FCX) to Neutral

Citi analyst Alexander Hacking downgraded Freeport-McMoRan (NYSE: FCX) from Buy to Neutral with a price target of $28.00 (from $48.00).

For an analyst ratings summary and ratings history on Freeport-McMoRan click here. For more ratings news on Freeport-McMoRan click here.

Shares of Freeport-McMoRan closed at $26.30 yesterday.

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