Morgan Stanley Maintains Overweight on MP Materials, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Carlos De Alba maintains an Overweight rating on MP Materials (NYSE:MP) and lowers the price target from $35 to $34.
June 22, 2023 | 9:42 am
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NEUTRAL IMPACT
Morgan Stanley maintains an Overweight rating on MP Materials and lowers the price target from $35 to $34.
Morgan Stanley's lowered price target for MP Materials may cause some short-term uncertainty, but the Overweight rating indicates a positive outlook for the stock. The impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100