Freeport McMoran (FCX) Message Board

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Gold/Mining/Energy : Freeport McMoran (FCX)

FCX 41.72

-1.1%

3:59 PM EDT

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To: Lynn who wrote (103)	4/23/2008 8:51:23 AM
From: Keith Feral	of 141

I don't have access to morningstar, but thanks for the report. We are going to see much higher price targets than $130 following this report. They are going to earn at least $15 a share, and probably north of $20 next year. I think the Lehman report does the company justice with a $200 valuation. UBS and Credit Suisse just upgraded the stock to $130 a few weeks ago, I suspect they will be going to $175 with their new price targets. GL

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