Morgan Stanley Raises Price Target for Freeport-McMoRan to $70

Morgan Stanley raised its price target for Freeport-McMoRan (FCX) from $66 to $70 on July 8, maintaining an Equal Weight rating. The firm cited favorable outlooks for copper and precious metals prices while noting potential pressure in the aluminum market due to surplus supply.

By Noor Ul Ain Rehman Wed, July 15, 2026 at 11:55 AM GMT+3 2 min read · Yahoo Finance ·

Morgan Stanley Raises Price Target for Freeport-McMoRan to $70

Tickers: $FCX $MS

Topics: Copper Gold Mining Molybdenum

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