Freeport (NYSE:FCX) Fair Value Raised by Morningstar (Nasdaq:MORN)

Morningstar (Nasdaq:MORN) said they are raising their fair value estimate for Freeport-McMoRan (NYSE:FCX) by $4 a share on the soaring price of gold. “We are raising our fair value estimate for Freeport-McMoRan FCX by $4 per share to reflect the rapid appreciation we’ve seen in gold over the past few months. In contrast to our long-term price forecast for copper, which is informed by our view of

Read the original post:
Freeport (NYSE:FCX) Fair Value Raised by Morningstar (Nasdaq:MORN)

Tags: , , , , , , , , , , , , ,

About the Author ()

Leave a Reply

Your email address will not be published. Required fields are marked *