---
title: "New Buy Rating for Freeport-McMoRan (FCX), the Basic Materials Giant"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293395945.md"
description: "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."
datetime: "2026-07-21T23:35:42.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293395945.md)
  - [en](https://longbridge.com/en/news/293395945.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293395945.md)
---

# New Buy Rating for Freeport-McMoRan (FCX), the Basic Materials Giant

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).

### Related Stocks

- [FCX.US](https://longbridge.com/en/quote/FCX.US.md)
- [SF.US](https://longbridge.com/en/quote/SF.US.md)
- [EQX.US](https://longbridge.com/en/quote/EQX.US.md)
- [ERO.US](https://longbridge.com/en/quote/ERO.US.md)
- [BCS.US](https://longbridge.com/en/quote/BCS.US.md)
- [AB.US](https://longbridge.com/en/quote/AB.US.md)
- [SF-C.US](https://longbridge.com/en/quote/SF-C.US.md)
- [SFB.US](https://longbridge.com/en/quote/SFB.US.md)
- [SF-B.US](https://longbridge.com/en/quote/SF-B.US.md)
- [SF-D.US](https://longbridge.com/en/quote/SF-D.US.md)
- [BARC.UK](https://longbridge.com/en/quote/BARC.UK.md)

## Related News & Research

- [Freeport-McMoRan EVP, chief administrative officer Stephen T. Higgins disposes of 7,550 shares worth $475,650](https://longbridge.com/en/news/294741751.md)
- [Freeport-McMoRan declares R$ 0.17 per unit distribution, payable Aug. 7](https://longbridge.com/en/news/294863529.md)
- [Should Freeport-McMoRan’s (FCX) Strong Q2 and Higher Copper-Gold Sales Outlook Require Investor Action?](https://longbridge.com/en/news/294581783.md)
- [Freeport-McMoRan Inc. Stock Outperforms Competitors On Strong Trading Day](https://longbridge.com/en/news/294869642.md)
- [RBC Capital Reaffirms Their Hold Rating on Freeport-McMoRan (FCX)](https://longbridge.com/en/news/293749106.md)