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Freeport-McMoRan Inc. Receives Positive Average Price Target from Brokerages

December 29, 2024
With 85% ownership of the shares, Freeport-McMoRan Inc. (NYSE: FCX) is heavily dominated by institutional owners, according to Yahoo Finance. The company recently received an average price target of $53.92 from brokerages, indicating a positive outlook for its stock. This news comes as Freeport-McMoRan also announced a dividend of $0.15 per share, as reported by Simply Wall St News. Investors interested in the movement of FCX stocks are recommended to seek professional guidance from Stocks Prognosis.

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Investor opinions & comments:

As a shareholder, I'm thrilled with the positive outlook for FCX. I hope the stock continues to perform well
— from InvestorIsabella at 01-02-2025 02:33
I'm excited to see FCX receiving a positive average price target. It gives me hope for the future
— from DavidWilson at 01-01-2025 18:28
As an investor, I'm pleased to hear about FCX's positive average price target. It's a good indication of the company's potential
— from RiskyRachel at 01-01-2025 12:38
I've been following FCX for a while now and I'm glad to see that brokerages have a positive average price target for the company. It gives me confidence in my investment
— from RiskyRandy at 01-01-2025 03:47
This is great news for Freeport-McMoRan Inc. I'm excited to see how this positive outlook will impact the stock
— from ScarlettRivera at 12-31-2024 17:29
This positive outlook for FCX is a promising sign. I'm looking forward to seeing how the stock performs
— from InvestorIvory at 12-31-2024 13:31
I'm not sure I trust these average price targets from brokerages. They could be biased or just plain wrong
— from StockSally at 12-30-2024 23:20
I've been burned by stocks with positive outlooks before. I'll be cautious with FCX
— from OliverHayes at 12-30-2024 16:51
I'm glad to see positive news for FCX. It's always a good sign for the stock and its shareholders
— from MatthewGarcia at 12-30-2024 15:52
This is great news for FCX! I'm optimistic about the company's future
— from GrowthGina at 12-30-2024 13:08
As an investor, I'm always on the lookout for positive news like this. I'll definitely be keeping an eye on FCX
— from VictoriaGreen at 12-30-2024 06:49
I'll believe it when I see it. FCX has had its ups and downs before, so I'm not getting too excited just yet
— from SavingsSam at 12-29-2024 22:02
This is great news for FCX investors. I'm confident in the company's ability to deliver
— from WealthyWhitney at 12-29-2024 18:16
I've been a long-term investor in FCX and this news confirms my belief in the company's potential
— from DavidWilson at 12-29-2024 17:07
I'm happy to hear about FCX's positive average price target. It's a good sign for the stock
— from RileyHughes at 12-29-2024 16:43
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Other news for FCX

FCXJune 6, 2025Freeport-McMoRan Inc. NYSE:FCX Announces Plans for Sustainable Mining Practices  ~1 min.

Freeport-McMoRan Inc. has unveiled its ambitious plans to implement sustainable mining practices, aiming to reduce its environmental impact and promote responsible resource management....

FCXApril 4, 2025FREEPORT-MCMORAN INC. Hits 13.0% Profit Target as QuantWave Forecast Succeeds  ~1 min.

FREEPORT-MCMORAN INC. (NYSE: FCX) recently reached a significant milestone as it hit the price target forecasted by QuantWave, resulting in a profit of 13.0%....

FCXApril 4, 2025FREEPORT-MCMORAN INC. Hits Price Target Forecast, Generating 20.81% Profit  ~1 min.

FREEPORT-MCMORAN INC. has successfully reached the price target forecasted by QuantWave, resulting in a 20.81% profit for investors....

FCXApril 4, 2025FREEPORT-MCMORAN INC. Hits Analyst Price Target with 18.67% Profit  ~1 min.

QuantWave, the automated forecasting platform, successfully predicted a short signal for FREEPORT-MCMORAN INC. on January 28, 2025, when the stock was trading at 35.68 $....

FCXApril 4, 2025FREEPORT-MCMORAN INC. Hits Price Target Forecast with 18.76% Profit: A Success Story for QuantWave  ~1 min.

FREEPORT-MCMORAN INC. has achieved its price target forecast with a notable 18.76% profit, showcasing the accuracy and effectiveness of QuantWave's predictive analytics....



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FCXDecember 30, 2024Freeport-McMoRan Inc. sees significant institutional ownership  ~2 min.

Freeport-McMoRan Inc. (NYSE:FCX), a leading global mining company, is heavily dominated by institutional owners, with 85% ownership of its shares....