Is Freeport-McMoRan Inc. (FCX) at risk amid slowing Grasberg block collapse in Indonesia?
Freeport-McMoRan Inc. (NYSE:FCX) is one of Goldman Sachs’ top gold stock picks. On April 24, analysts at Morgan Stanley downgraded Freeport-McMoRan Inc. (NYSE:FCX) to Equalweight from Overweight. It also lowered its price target to $66 from $70. Is Freeport-McMoRan Inc. (FCX) at risk amid slowing Grasberg block collapse in Indonesia? Pixabay/Public domain The downgrade and…