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My guess is Pres. Trump will cut tariff rates with a few other countries: Lutnick
CNBC Television· 2025-07-08 18:34
uh secretary. Uh Mr.. Secretary, thank you so much for taking the time to join us. We saw a lot of the conversation that happened within that room, but we want to hear for the record from you, the commerce secretary, about just where you think we are with regard to trade negotiations as a whole as we approach that uh previously stated July 9th deadline for tariff deals. So you saw 14 letters went out yesterday. You should expect another anywhere from 15 to 20 letters to go out over the next two days really ...
Analyst: Tailwinds Blowing for Freeport-McMoRan Stock
Schaeffers Investment Research· 2025-02-27 13:50
Core Viewpoint - Freeport-McMoRan Inc's shares are experiencing an increase due to an upgrade from Jefferies, which raised its rating from "hold" to "buy" and increased the price target to $48 from $40, driven by improving free cash flow and cost reductions [1] Group 1 - Jefferies upgraded Freeport-McMoRan's rating and price target, indicating positive future growth prospects for the copper producer [1] - Ten out of eighteen analysts still rate Freeport-McMoRan as a "hold," suggesting potential for further upgrades in the future [2] - Options traders are showing bullish sentiment, with a put/call open interest ratio of 0.4, indicating strong short-term call-buying activity [2] Group 2 - Freeport-McMoRan stock is set to open above its 60-day moving average, a significant long-term resistance level, after recovering from a low of $34.89 [3] - The stock remains just below breakeven on both a year-to-date and year-over-year basis, indicating a challenging performance in the broader market context [3]