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Monday, January 23, 2012

Freeport (FCX) (APA) (SLB) (TIE) (ACI) (PCX) Ratings, Price Targets

Freeport McMoRan Copper and Gold (NYSE: FCX), Apache (NYSE: APA), Schlumberger (NYSE: SLB), Titanium Metals (NYSE: TIE), Arch Coal (NYSE: ACI) and Patriot Coal (NYSE: PCX) ratings and price targets.

Citigroup (NYSE:C) reiterated its "Neutral" rating on Freeport McMoRan Copper and Gold (FCX).

Bank of America (NYSE:BAC) reiterated its "Buy" rating on Apache (APA). They have a price target of $160.00 on the company.

Canaccord Genuity reiterated its "Hold" rating on Schlumberger (SLB).

JPMorgan Chase & Co. (NYSE:JPM) initiated coverage on Titanium Metals (TIE). They placed a “Neutral” rating on the company.

Arch Coal (ACI) had its price target lowered by Howard Weil from $35.00 to $26.00. They have an “Outperform” rating on the company.

Patriot Coal (PCX) had its price target lowered by Howard Weil from $17.00 to $14.00. They have a “Market Perform” rating on the company.

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