MP Materials Stock Upgraded, Price Target Cut. What It Says About Rare-Earths Plays.
Core Viewpoint - BMO analyst Raj Ray upgraded shares of MP from Hold to Buy, indicating a positive outlook for the company's stock performance despite a decrease in the price target to $75 per share [1] Company Summary - The upgrade from Hold to Buy suggests increased confidence in MP's future performance [1] - The price target adjustment reflects a decrease of $1, now set at $75 per share, which may indicate a reassessment of the company's valuation [1]