Argus Downgrades Freeport-McMoRan (FCX) to Hold
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Get Alerts FCX Hot Sheet
Price: $63.95 +2.37%
Rating Summary:
30 Buy, 7 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 20 | Down: 24 | New: 16
Rating Summary:
30 Buy, 7 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 20 | Down: 24 | New: 16
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Argus downgraded Freeport-McMoRan (NYSE: FCX) from Buy to Hold on a weak near term outlook.
The analyst believes that FCX could fall toward $3.50 if commodity prices continue to trend lower over the next few months.
For an analyst ratings summary and ratings history on Freeport-McMoRan click here. For more ratings news on Freeport-McMoRan click here.
Shares of Freeport-McMoRan closed at $4.35 yesterday.
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