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Myriad Asset Management US LP Lowers Stake in Freeport-McMoRan Inc. $FCX
Myriad Asset Management US LP significantly reduced its stake in Freeport-McMoRan Inc. (FCX) by 63.0% in Q4, now holding 19,153 shares valued at $973,000. Despite this, several brokers recently raised their price targets for FCX, contributing to an average “Moderate Buy” rating and a $62.75 target price. Company insiders, however, have been net sellers, with significant share sales totaling approximately $35.8 million over the past three months.