Freeport-McMoRan (NYSE: FCX) Price Target Lowered by Scotiabank Amid Strong Earnings and Copper Outlook
Scotiabank lowered its price target for Freeport-McMoRan to $78.00, still implying significant upside from its previous share price. Freeport-McMoRan reported strong Q3 2026 adjusted earnings of $0.88 per share and revenue of $7.55 billion, both exceeding analyst estimates. The company projects…