UPDATE: Bank of America Upgrades Freeport-McMoRan to Buy on Attractive Valuation
Posted on March 05, 2013 at 15:36 PM EST
In a report published Tuesday, Bank of America upgraded shares of Freeport-McMoRan (NYSE: FCX ) from Neutral to Buy and increased the price objective from $38 to $39. Bank of America reported that, “Copper is often seen of as the bellwether commodity, for the mining sector, for and in China