Freeport-McMoRan (FCX) PT Raised to $20 at Citi

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Freeport-McMoRan (FCX) PT Raised to $19 at B.Riley/FBR on 4Q Beat, Grasberg Guidance Update & Commentary on Indonesian Regulatory Situation

January 29, 2018 9:28 AM EST

B.Riley/FBR raised its price target on Freeport-McMoRan (NYSE: FCX) to $19.00 (from $18.00) while maintaining a Neutral rating, following the company's fourth quarter earnings report.

Analyst Lucas Pipes notes a positive outlook on the shares, as the company reported fourth quarter earnings per share... More