FREEPORT-McMORAN COPPER AND GOLD (FCX $34.66, rated Overweight, price target remains at $56/share) INCLUSION OF PXP/MMR ACQUISITION IN OUR FINANCIAL MODELS; COPPER AND MOLY PRICES LOWERED; 2017 and 2018 GRASBERG PRODUCTION ESTIMATES INCREASED 1/28/2013
FREEPORT-McMORAN COPPER AND GOLD (FCX $34.66, rated Overweight, price
target remains at $56/share) INCLUSION OF PXP/MMR ACQUISITION IN OUR
FINANCIAL MODELS; COPPER AND MOLY PRICES LOWERED; 2017 and 2018
GRASBERG PRODUCTION ESTIMATES INCREASED 1/28/2013