Freeport-McMoRan downgraded at UBS after popping from copper tariffs

2 hours ago 1
Many copper bobbins, warehouse copper pipes.

SimoneN/iStock via Getty Images

Freeport-McMoRan (NYSE:FCX) -2.5% in Friday's trading as UBS downgraded shares to Neutral from Buy while raising its price target to $50 from $45, saying the stock's risk-reward is now balanced after surging 50% over the past three months.

Freeport's (

Recommended For You

More Trending News

Read Entire Article