In a report released yesterday, Abhinandan Agarwal from Deutsche Bank maintained a Hold rating on Freeport-McMoRan (FCX – Research Report), with a price target of $35.00. The company's shares closed last Thursday at $28.91, close to its 52-week low of $24.80. According to TipRanks.com, Agarwal 's ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -16.1% and a 15.8% success rate. Agarwal covers the Basic Materials sector, focusing on stocks such as First Quantum Minerals, Sibanye Stillwater, and Anglogold Ashanti. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Freeport-McMoRan with a $37.
https://www.tipranks.com/news/blurbs/deutsche-bank-keeps-their-hold-rating-on-freeport-mcmoran-fcx?utm_source=advfn.com&utm_medium=referral
Freeport McMoRan (NYSE:FCX)
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