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06/24/09 9:06 AM

#6567 RE: Love the Market #6564

Freeport McMoRan upgraded on copper supply issues, valuation at FBR Capital 06/24 06:36 AM



As noted earlier, Freeport McMoRan was upgraded to Outperform from Market Perform by FBR Capital. The firm believes that the company will benefit from copper supply issues over the long-term, and it thinks the stock has reached an attractive entry point.