J.P. Morgan Remains a Buy on Freeport-McMoRan (FCX)

Tip Ranks
2025.12.05 10:16
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J.P. Morgan analyst Bill Peterson maintained a Buy rating on Freeport-McMoRan with a price target of $58.00. Peterson, who covers the Basic Materials sector, has an average return of -3.0% and a 44.29% success rate. Deutsche Bank also rated Freeport-McMoRan as a Buy, while RBC Capital assigned a Hold rating. The news highlights differing analyst opinions on Freeport-McMoRan's stock.

J.P. Morgan analyst Bill Peterson maintained a Buy rating on Freeport-McMoRan today and set a price target of $58.00.

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According to TipRanks, Peterson is an analyst with an average return of -3.0% and a 44.29% success rate. Peterson covers the Basic Materials sector, focusing on stocks such as Commercial Metals Company, Alcoa, and Cleveland-Cliffs.

In addition to J.P. Morgan, Freeport-McMoRan also received a Buy from Deutsche Bank ‘s Liam Fitzpatrick in a report issued on November 26. However, on November 18, RBC Capital assigned a Hold rating to Freeport-McMoRan (NYSE: FCX).

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