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Macquarie Sees 'Considerable Upside' In Freeport-McMoran Despite Plummeting Copper Prices
Thursday, September 24, 2015 - 11:07am | 286Read More...Shares of Freeport-McMoRan, Inc. (NYSE: FCX) have plummeted 57.46 percent year-to-date. Macquarie’s Aldo Mazzaferro has maintained an Outperform rating on the company, while lowering the price target from $22 to $18. Despite the commodity price estimates being lowered, Mazzaferro...
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Freeport-McMoRan Could Double On Copper, Oil Recovery And Mining Revamp
Wednesday, August 12, 2015 - 11:04am | 287Read More...In a report published Wednesday, Macquarie Research analyst Aldo Mazzaferro reiterated an Outperform rating on shares of Freeport-McMoRan Inc (NYSE: FCX) with an unchanged $22 price target after the company suggested it will raise up to $1 billion in equity by selling shares. Mazzaferro...
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UPDATE: Macquarie Upgrades Cliffs Natural Resources
Monday, July 28, 2014 - 10:08am | 107Read More...In a report released Monday, Macquarie analyst Aldo Mazzaferro upgraded Cliffs Natural Resources (NYSE: CLF) from Underperform to Neutral and raised its price target from $10 to $17. Analysts at Macquarie favor the positive outcome on results in the company's proxy battle on July 29. Cliffs...
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UPDATE: Cliffs Natural Resources Downgraded by Macquarie
Friday, May 16, 2014 - 12:19pm | 99Read More...In a report issued Friday, Macquarie downgraded its rating of Cliffs Natural Resources (NYSE: CLF) from Neutral to Underperform and lowered the target price to $10. Macquarie analyst Aldo Mazzaferro believes that Cliffs will need to idle Bloom Lake and some coal production. Even with success...
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AK Steel Gains After Upgrade At Macquarie
Wednesday, April 23, 2014 - 5:11pm | 117Read More...Shares of AK Steel (NYSE: AKS) closed up 7.3 percent to $7.07 on Wednesday after Macquarie upgraded the stock from Neutral to Outperform and raised the price target from $6 to $11. Analyst Aldo Mazzaferro expects the company to "post much stronger EPS this year and next,” as "pricing has improved...


