Freeport-McMoRan (FCX) Stock: $35 Target And Hold Rating

By Amit Chowdhry ● Aug 2, 2022
  • The shares of Freeport-McMoRan (FCX) recently received a $35 price target from Deutsche Bank. These are the details.

The shares of Freeport-McMoRan (FCX) recently received a $35 price target from Deutsche Bank. And Deutsche Bank analyst Abhi Agarwal is maintaining a “Hold” rating on the shares following the second quarter results.

Late last month, Freeport-McMoran reported a Q2 EPS of $0.58, which was $0.12 lower than analyst estimates of $0.70. And the revenue for the quarter was $5.42 billion compared to the consensus estimate of $6.24 billion.