Multiple reports show Freeport-McMoRan Inc. (FCX) has been attracting considerable investor attention, partly due to the potential 50% copper import tariff proposed by Trump which saw the stock spike. Major entities such as M&T Bank Corp and IFC Advisors LLC have significant holdings in the company, while others like Axxcess Wealth Management LLC and Stratos Investment Management are buying the stock. The company also saw a downgrade at UBS but a buy rating maintained by BMO Capital. Market performance has experienced some volatility recently, with FCX dipping more than the broader market but also experiencing intra-day spikes. Multiple increased price target predictions further enhance the stock’s appeal while a positive long-term outlook is being conceived by investors seeking copper exposure. Scotiabank Issues and Citigroup Analysts echoed this positive price forecast. The company's upcoming Q2 earnings report is being closely watched for impact on its stock price.
Freeport-Mcmoran FCX News Analytics from Wed, 26 Mar 2025 07:00:00 GMT to Sat, 12 Jul 2025 23:35:16 GMT - Rating 6 - Innovation -3 - Information 7 - Rumor 5
