S&P lowers Freeport McMoran’s stocks in wake of earnings report

Equity research analysts at Standard and Poor's (S&P) lowered Freeport McMoran Copper & Gold (NYSE:FCX) shares from “buy” to “hold.” “After a recent sharp rise, we think FCX is fairly valued, currently trading at about 8.6X our estimate for '13,”...

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now