FREEPORT-McMORAN COPPER AND GOLD (FCX $96.60, RATED OVERWEIGHT) PRICE TARGET RAISED TO $150 FROM $125 DUE TO HIGHER PRICES; IN NO-WIN SITUTATION IN CONGO; IMPLICATIONS SUGGEST A HIGHER COPPER AND COBALT PRICES AS SUPPLIES DELAYED 3/30/2008

FREEPORT-McMORAN COPPER AND GOLD (FCX $96.60, RATED
OVERWEIGHT) PRICE TARGET RAISED TO $150 FROM $125 DUE TO HIGHER
PRICES; IN NO-WIN SITUTATION IN CONGO; IMPLICATIONS SUGGEST A
HIGHER COPPER AND COBALT PRICES AS SUPPLIES DELAYED 3/30/2008