Freeport-McMoRan C&G (FCX) Misses Q2 EPS by 3c

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BofA/Merrill Lynch Downgrades Freeport-McMoRan (FCX) to Neutral

July 24, 2014 7:28 AM EDT

BofA/Merrill Lynch downgraded Freeport-McMoRan (NYSE: FCX) from Buy to Neutral with a price target of $40.00 (from $43.00) on uncertainty
surrounding the companys negotiations with the Government of Indonesia (GOIN) on a progressive export duty on Grasbergs concentrate and renegotiation of the... More

Freeport-McMoRan (FCX) PT Lifted to $50 at Jefferies

July 24, 2014 6:51 AM EDT

Jefferies analyst Peter Ward reiterated a Buy rating and raised his price target on Freeport-McMoRan (NYSE: FCX) to $50.00 (from $45.00), saying shares remain their top pick.

Ward comments, "Despite strong performance over the past few months, FCX remains our top pick in North... More