UPDATE: Jefferies Reiterates on Freeport-McMoRan Copper & Gold Following Solid Quarter Report
October 23, 2013 at 12:09 PM EDT
In a report published Wednesday, Jefferies analyst Peter Ward reiterated a Buy rating on Freeport-McMoRan Copper & Gold (NYSE: FCX ), and raised the price target from $40.00 to $45.00. In the report, Jefferies noted, “FCX reported a solid quarter operationally with EPS of 87¢ vs. our estimate of 70¢
