Freeport-McMoRan (FCX) 'Oversold' - Nomura
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/30/2026
- S&P 500, Nasdaq climb as soft inflation dampens Fed rate hike expectations
- Equity positioning stays overweight, but summer extremes have eased: Barclays
- Oil prices rise by about $1/bbl on stalled US-Iran talks and tight fuel markets
- Micron reports Q4 today: Why Lynx Equity sees massive upside
- Moderna: Citi says oncology optimism is priced in, cuts rating to sell
- Salesforce agrees to acquire AI research platform Listen Labs
- Workday cuts 2.5% of workforce, revises GAAP margin outlook
- Zimbabwe helicopter crash kills six, government spokesperson says
- Apple's iOS 27 is blocking Trade Desk ads on Safari, analyst says
- S&P 500 flat as higher bond yields counter tech optimism
Goldman Sachs Lowers EPS Estimates on Freeport-McMoRan (FCX)
June 25, 2013 5:41 PM EDTGoldman Sachs today maintained a Buy rating on Freeport-McMoRan (NYSE: FCX) and lowered its price target to $35.00 (from $38.00). Analysts trimmed 2013/2014 EPS estimates to $2.49/$3.35 from $3.45/$3.80. The change reflects lower copper and gold price forecasts. Q213 EPS was trimmed to $0.33 down from $0.55.
"Despite lower... More
