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

Published on 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.

Investor opinions & comments

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I

InvestorIsabella

January 2, 2025 at 02:33

As a shareholder, I'm thrilled with the positive outlook for FCX. I hope the stock continues to perform well

D

DavidWilson

January 1, 2025 at 18:28

I'm excited to see FCX receiving a positive average price target. It gives me hope for the future

R

RiskyRachel

January 1, 2025 at 12:38

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

R

RiskyRandy

January 1, 2025 at 03:47

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

S

ScarlettRivera

December 31, 2024 at 17:29

This is great news for Freeport-McMoRan Inc. I'm excited to see how this positive outlook will impact the stock

I

InvestorIvory

December 31, 2024 at 13:31

This positive outlook for FCX is a promising sign. I'm looking forward to seeing how the stock performs

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StockSally

December 30, 2024 at 23:20

I'm not sure I trust these average price targets from brokerages. They could be biased or just plain wrong

O

OliverHayes

December 30, 2024 at 16:51

I've been burned by stocks with positive outlooks before. I'll be cautious with FCX

M

MatthewGarcia

December 30, 2024 at 15:52

I'm glad to see positive news for FCX. It's always a good sign for the stock and its shareholders

G

GrowthGina

December 30, 2024 at 13:08

This is great news for FCX! I'm optimistic about the company's future

V

VictoriaGreen

December 30, 2024 at 06:49

As an investor, I'm always on the lookout for positive news like this. I'll definitely be keeping an eye on FCX

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SavingsSam

December 29, 2024 at 22:02

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

W

WealthyWhitney

December 29, 2024 at 18:16

This is great news for FCX investors. I'm confident in the company's ability to deliver

D

DavidWilson

December 29, 2024 at 17:07

I've been a long-term investor in FCX and this news confirms my belief in the company's potential

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RileyHughes

December 29, 2024 at 16:43

I'm happy to hear about FCX's positive average price target. It's a good sign for the stock