How high will Equinox Gold go?
Freeport-McMoRan Inc. (FCX) features strong structural upside momentum, with Wall Street analyst consensus price targets averaging near $68 to $71 per share, and upper-bound bull case forecasts stretching up to $77. As a premier global copper and gold producer, Freeport benefits immensely from long-term structural deficits in the red metal, driven by green energy transitions, electric vehicle adoption, and artificial intelligence data center grid expansions. Strong operational cash flows, disciplined capital allocation, and robust balance sheet management provide a solid foundation for sustainable equity appreciation.
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