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Morgan Stanley upgraded
Freeport-McMoRan IncFCX from undefined to Overweight.
The price target for Freeport-McMoRan is set to $29.
Freeport-McMoRan shares have dropped 36.64 percent over the past 52 weeks, while the S&P 500 index has surged 12.28 percent in the same period.
Freeport-McMoRan shares rose 1.97 percent to $22.25 in pre-market trading.
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