Citi Initiates Coverage on Freeport-McMoRan (FCX) with a Hold

Citi initiates coverage on Freeport-McMoRan (NYSE: FCX) with a Hold. Price target $53. To see more analyst ratings on FCX Click Here. Freeport-McMoran Copper & Gold Inc. (FCX), through its wholly owned subsidiary, Phelps Dodge Corporation (Phelps Dodge)