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Freeport-McMoRan Inc. (FCX) Upgraded to Buy as Copper Outlook Improves
Yahoo Finance· 2026-03-10 13:57
Freeport-McMoRan Inc. (NYSE:FCX) ranks among the best mineral stocks to invest in. On February 20, Freedom Capital Markets raised Freeport-McMoRan Inc. (NYSE:FCX) from Hold to Buy and boosted its price target to $76 from $47. The firm emphasized the company's standing as a key copper producer, accounting for roughly 9% of global supply. According to Freedom Capital, the upgrade indicates leveraged exposure to the copper rebound amid restricted supply. The firm also underlined ambiguity around the Grasbe ...