Freeport-McMoRan (FCX) PT Raised to $55 at BMO Capital

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UBS Downgrades Freeport-McMoRan (FCX) to Neutral

July 11, 2025 6:12 AM EDT

UBS analyst Curt Woodworth downgraded Freeport-McMoRan (NYSE: FCX) from Buy to Neutral with a price target of $50.00 (from $45.00).

The analyst comments "We remain constructive on the medium-term outlook for copper but expect a softening in demand/fundamentals to weigh on LME copper prices over the next six months... More