Freeport Third-Quarter and Nine-Month 2024 Financial and Operating Results Release Available on Its Website

Go back to Freeport Third-Quarter and Nine-Month 2024 Financial and Operating Results Release Available on Its Website

Freeport-McMoRan (FCX) PT Lowered to $52 at Scotiabank

October 23, 2024 7:29 AM EDT

Scotiabank analyst Orest Wowkodaw lowered the price target on Freeport-McMoRan (NYSE: FCX) to $52.00 (from $53.00) while maintaining a Sector Perform rating.

The analyst comments "OUR TAKE: Neutral. FCX reported better-than-expected Q3/24 results, with the beat driven by higher Au sales (at the expense of Q4).... More