Freeport-McMoRan Stock Continues to Fall on Asset Sales

As Freeport-McMoRan stock continues to fall, Deutsche Bank lowered its price target on the shares.
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Freeport-McMoRan  (FCX) - Get Report  shares remain under pressure Wednesday, after the company decided to sell some of its oil and gas assets in the Deepwater Gulf of Mexico to Anadarko. Deutsche Bank lowered its price target on the stock as a result.