Annex Advisory Services LLC Has $37.70 Million Holdings in Freeport-McMoRan Inc. $FCX

Market Beat
2025.12.29 08:12
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Annex Advisory Services LLC increased its holdings in Freeport-McMoRan Inc. (NYSE: FCX) by 4.8% in Q3, owning 961,212 shares valued at approximately $37.70 million. Other institutional investors also modified their positions in FCX. Analysts have mixed views on the stock, with price targets ranging from $48.00 to $58.00. Positive sentiment surrounds Freeport due to rising copper prices and strong demand, while negative factors include class-action lawsuits and increased short interest. Overall, Freeport-McMoRan has a consensus rating of "Buy" with an average price target of $49.49.