Wednesday, July 6, 2011

Freeport (FCX) (NEM) (SOLR) (TCK) Price Targets Changed by Analysts

Analysts adjusted their price targets on shares of Freeport-McMoRan Copper and Gold Inc (NYSE: FCX), Newmont Mining Co. (NYSE: NEM), GT Solar International, Inc. (NASDAQ: SOLR) and Teck Resources Limited (NYSE: TCK).

Deutsche Bank (NYSE:DB) cut their price target on Freeport McMoRan Copper and Gold Inc (FCX) from $65.00 to $60.00. They have a “hold” rating on the company.

Deutsche Bank analysts cut their price target on shares of Newmont Mining Co. (NEM) from $85.00 to $75.00. They now have a “buy” rating on the company.

Wunderlich analysts raised their price target on shares of GT Solar International, Inc. (SOLR) from $16.00 to $20.00. They now have a “buy” rating on the company.

Deutsche Bank analysts cut their price target on shares of Teck Resources Limited (TCK) from $77.00 to $70.00. They now have a “buy” rating on the company.

Freeport-McMoRan closed Tuesday at $53.59, up $0.09, or 0.17 percent. Newmont Mining ended the session at $54.37, gaining $0.63, or 1.17 percent. GT Solar International closed at $17.11, jumping $0.93, or 5.75 percent. Teck Resources finished at $52.78, rising $0.53, or 1.01 percent.

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