Freeport-McMoRan Inc. (FCX), a favoured stock among institutional investors with 86% ownership, is attracting considerable attention from various investors and firms. FCX's position is being raised notably by groups such as NBC Securities Inc., Procyon Advisors LLC, GAMMA Investing LLC, Merit Financial Group LLC, and others. However, this period has also seen insider selling by the CAO, with sales totalling $343,531.68. Analysts from
Royal Bank of Canada have increased the company's price target to $54.00, while renowned on-air personality, Jim Cramer, endorses FCX even in the face of tariff 'tailwinds'. Institutional backing of FCX includes 180 Wealth Advisors LLC, Ken Fisher’s Portfolio, hedge funds, and many more supporting its potential. However, the market shows fluctuating sentiments, with instances of the stock dipping more than broader markets, surpassing the market upswing, and a 1.3% drop in stock prices, suggesting some market uncertainty. At the same time, productive metrics and strong daily gains are causing FCX to trend positively within certain investor communities.
Freeport-Mcmoran FCX News Analytics from Fri, 10 Jan 2025 08:00:00 GMT to Sat, 07 Jun 2025 18:09:57 GMT -
Rating 5
- Innovation -2
- Information 6
- Rumor -1
