A number of equities research analysts have issued reports on FCX shares. Stifel Canada raised shares of Freeport-McMoRan to a "strong-buy" rating in a research note on Tuesday, July 8th. Stifel Nicolaus began coverage on Freeport-McMoRan in a research report on Wednesday, July 9th. They set a "buy" rating and a $56.00 price objective for the company. Royal Bank Of Canada boosted their target price on Freeport-McMoRan from $52.00 to $54.00 and gave the company a "sector perform" rating in a research note on Wednesday, June 4th. Bank of America reaffirmed a "neutral" rating and set a $56.00 price target on shares of Freeport-McMoRan in a research note on Wednesday, July 9th. Finally, JPMorgan Chase & Co. boosted their price target on Freeport-McMoRan from $42.00 to $56.00 and gave the company an "overweight" rating in a research note on Wednesday, July 9th.