Is Freeport-McMoRan Inc. (FCX) at risk amid slowing Grasberg block collapse in Indonesia?

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…

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This is what drove Freeport McMoRan (FCX)

This is what drove Freeport McMoRan (FCX)

ClearBridge Investments, an investment management company, published its “ClearBridge Growth Strategy” investor letter for Q4 2025. A copy of the letter can be downloaded here. US stocks posted a strong but volatile performance in the fourth quarter, with the S&P 500 index returning 2.7%, while the benchmark Russell Midcap Growth index declined 3.7%. In this…

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