Freeport-McMoRan C&G (FCX) Post Q4 EPS of $0.68, or $0.84 Ex-Items; Revs Light

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Freeport-McMoRan (FCX) Indonesia Risk Nothing New - Jefferies

January 23, 2014 8:53 AM EST

Jefferies analyst Peter Ward reiterated a Buy rating and $45 price target on Freeport-McMoRan (NYSE: FCX) following Q4 results, saying Indonesia risk is not new.

"We don't ever recall a time when investors were very comfortable with Indonesia risk," Ward notes. "And, we feel... More