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UPDATE: Stifel Nicolaus Lowers PT on Freeport-McMoRan Copper & Gold Following Completion of Acquisitions
Monday, June 10, 2013 - 9:54am | 110In a report published Monday, Stifel Nicolaus analyst Paul Massoud reiterated a Buy rating on Freeport-McMoRan Copper & Gold (NYSE: FCX), but lowered the price target from $45.00 to $37.00. In the report, Stifel Nicolaus noted, “We are lowering our target price from $45 to $37 following the...