Freeport-McMoRan sees data centers boosting copper demand, beats Q3 results estimates
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Freeport-McMoRan (FCX) PT Lowered to $52 at Scotiabank
October 23, 2024 7:29 AM EDTScotiabank 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
