Analysts Have Conflicting Sentiments on These Materials Companies: NioCorp Developments (NB) and Freeport-McMoRan (FCX)
Analysts have been eager to weigh in on the Materials sector with new ratings on NioCorp Developments (NB) and Freeport-McMoRan (FCX).
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NioCorp Developments (NB)
H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on NioCorp Developments today and set a price target of $10.00. The company’s shares closed last Tuesday at $4.85.
According to TipRanks.com, Ihle is a top 100 analyst with an average return of
NioCorp Developments has an analyst consensus of Strong Buy, with a price target consensus of $12.33.
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Freeport-McMoRan (FCX)
Bernstein analyst Bob Brackett maintained a Hold rating on Freeport-McMoRan today. The company’s shares closed last Tuesday at $61.95.
According to TipRanks.com, Brackett is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Freeport-McMoRan with a $73.08 average price target, representing a 18.0% upside. In a report issued on July 7, RBC Capital also maintained a Hold rating on the stock with a $70.00 price target.
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- NioCorp Developments Launches Formal Annual Incentive Program
- NioCorp initiated with a Buy at B. Riley
- NioCorp participates in a conference call with Benchmark
- NioCorp Rated Buy on Elk Creek Financing Progress, Updated Feasibility Study, and $12 Fair Value Upside
- NB Earnings Report this Week: Is It a Buy, Ahead of Earnings?
