Copper $ 4.67 / lb -0.19%

Brent Crude Oil $ 63.46 / bbl -1.28%

Palladium $ 979.25 / ozt 1.21%

Crude Oil $ 61.07 / bbl -1.23%

Natural Gas $ 3.456 / Btu -2.23%

Silver Futures $ 33.355 / ozt 0.74%

Aluminum Futures $ 2374.5 / ton -0.75%

Micro Gold Futures $ 3340.6 / ozt 0.88%

Micro Silver Futures $ 33.35 / ozt 0.94%

Platinum $ 1080.6 / ozt 0.49%

Gold Futures $ 3340.3 / ozt 0.86%

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Morgan Stanley Lowered Its 2011 EPS Estimate For Freeport-McMoRan, Maintained Its OW Rating (FCX)

Comtex SmarTrend | July 7, 2011 | 2:16 pm Base Metals Copper

Morgan Stanley lowered its 2011 EPS estimate for Freeport-McMoRan (NYSE:FCX) and maintained its overweight rating and $65 price target. The bank now sees 2011 EPS of $6.29, down from $6.54 per share. Freeport-McMoRan has a potential upside of 20.8% based