FREEPORT-McMoRAN INC. (FCX $29.01, rated Overweight, price target cut from $72 to $40) OVERWEIGHT RATING MAINTAINED DESPITE FALL IN PRODUCT PRICES WHILE MORE CONSERVATIVE VALUATION METHODOLOGY LOWERS PRICE TARGET 10/29/2014

FREEPORT-McMoRAN INC. (FCX $29.01, rated Overweight, price target cut from $72
to $40) OVERWEIGHT RATING MAINTAINED DESPITE FALL IN PRODUCT
PRICES WHILE MORE CONSERVATIVE VALUATION METHODOLOGY
LOWERS PRICE TARGET 10/29/2014