Freeport-McMoRan: Copper Coiling, Profit Growth Booming, Raising My Target (NYSE:FCX)

Group 1 - Copper prices are currently stable, with US prices nearing $6 per pound, which is beneficial for Freeport-McMoRan (FCX), the world's largest copper producer [1] - The strong performance of copper prices follows a significant rally in 2025, indicating a favorable market environment for copper producers [1] Group 2 - Freeport-McMoRan has experienced positive impacts from the high copper prices, suggesting potential growth opportunities for the company in the current market [1]