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Macquarie Starts Freeport-McMoRan (FCX) at Outperform, Sets $75 Price Target

April 11, 2011 8:49 AM EDT
Get Alerts FCX Hot Sheet
Price: $66.49 -0.51%

Rating Summary:
    28 Buy, 7 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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An analyst at Macquarie initiated coverage on shares of Freeport-McMoRan (NYSE: FCX) with an Outperform rating and a $75 price target.

With Freeport shares up 0.5 percent to $57.50 in pre-market action, Macquarie's new price target implies potential upside of about 30 precent.

For more ratings news on Freeport-McMoRan click here and for the rating history of Freeport-McMoRan click here.


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