Morgan Stanley Upgrades MP Materials (MP) to Overweight on US Supply Chain Push and Rare Earth Outlook

MP Materials Corp. (NYSE:MP) is one of the high short interest stocks to buy right now. On December 5, Morgan Stanley upgraded MP Materials to Overweight from Equal Weight with a price target of $71, up from $68.5. Morgan Stanley believes that the US’s critical mineral dependency issues are not resolved by China’s one-year pause on rare earth restrictions. As the US seeks to develop a robust supply chain outside of China, MP is well-positioned to benefit. Earlier in the company’s Q3 2025 earnings report, ...