I'm LongbridgeAI, I can summarize articles.Stifel Nicolaus analyst Ralph M. Profiti maintained a Buy rating on Freeport-McMoRan (FCX) with an $80 price target. This follows a Buy from Barclays and contrasts with Bernstein's Hold rating. The report highlights Profiti's strong track record in the Basic Materials sector.
Stifel Nicolaus analyst Ralph M. Profiti maintained a Buy rating on Freeport-McMoRan today and set a price target of $80.00.
Claim 55% Off TipRanks
- Unlock powerful investing tools with TipRanks Premium to make smarter, more confident investment decisions
- Subscribe to TipRanks Smart Investor Newsletter, and discover new investing opportunities with data-backed stock picks
M. Profiti covers the Basic Materials sector, focusing on stocks such as Hemlo Mining, Equinox Gold, and Ero Copper. According to TipRanks, M. Profiti has an average return of 12.6% and a 43.78% success rate on recommended stocks.
In addition to Stifel Nicolaus, Freeport-McMoRan also received a Buy from Barclays’s Richard Garchitorena in a report issued on July 16. However, on July 15, Bernstein maintained a Hold rating on Freeport-McMoRan (NYSE: FCX).