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Upgraded to Outperform at Raymond James for $41 target. Also BOD additions for greater independenceFreeport-McMoRan Inc. (NYSE: FCX) announced today the appointment of David P. Abney and Robert "Bob" W. Dudley to its Board of Directors. Each is a retired CEO FCX's Board of Directors is now comprised of eight members, including seven independent directors. As previously announced, Gerald J. Ford, former non-executive Chairman of the Board, will retire as a director effective upon the expiration of his current term, which ends in June 2021. Further additions to the Board are anticipated. |
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