Mining Margin Compression Turns Barclays Bearish On Freeport-McMoRan
Expected margin compression in the metals and mining industry has turned Barclay's analysts bearish on Freeport-McMoRan, Inc (NYSE: FCX).
The Freeport Analyst: Matthew Murphy downgraded Freeport-McMoRan from Equal-weight to Underweight and announced a $29 price target.
