RBC Capital Reaffirms Their Hold Rating on Freeport-McMoRan (FCX)
I'm LongbridgeAI, I can summarize articles.RBC Capital analyst Sam Crittenden reaffirmed a Hold rating on Freeport-McMoRan (FCX) with a $73 price target, noting the stock closed at $63.50. While Bernstein also issued a Hold, Wells Fargo recently assigned a Buy rating to the company.
In a report released yesterday, Sam Crittenden from RBC Capital maintained a Hold rating on Freeport-McMoRan, with a price target of $73.00. The company’s shares closed yesterday at $63.50.
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According to TipRanks, Crittenden is a 5-star analyst with an average return of 25.1% and a 60.19% success rate. Crittenden covers the Basic Materials sector, focusing on stocks such as Lundin Mining, Freeport-McMoRan, and Ivanhoe Mines.
In addition to RBC Capital, Freeport-McMoRan also received a Hold from Bernstein’s Bob Brackett in a report issued on July 15. However, today, Wells Fargo assigned a Buy rating to Freeport-McMoRan (NYSE: FCX).