MP Stock Gets Buy Rating at Goldman. But This Rare Earth Miner Gets a Sell.
Core Viewpoint - Goldman Sachs has initiated coverage of MP Materials stock with a Buy rating and a price target of $77, while recommending a sell on Ramaco Resources shares [1] Group 1 - Goldman Sachs believes that MP Materials has strong growth potential in the rare earth materials sector, which is critical for various high-tech applications [1] - The $77 price target reflects a positive outlook on MP Materials' future performance and market position [1] Group 2 - The recommendation to sell Ramaco Resources shares indicates a bearish view on the company's prospects compared to its peers in the industry [1]