Societe Generale Upgrades Freeport-McMoRan (FCX) to Buy

September 15, 2011 11:53 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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Societe Generale's Jordi Dominguez upgraded shares of Freeport-McMoRan (NYSE: FCX) from Hold to Buy Thursday morning. The analyst cut his price target on the stock from $54 to $48.

Shares are currently up 0.4 percent to around $41.89. SocGen's new price target implies potential upside of about 15 percent.

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


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