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Gold/Mining/Energy : Freeport McMoran (FCX) -- Ignore unavailable to you. Want to Upgrade?

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