JP Morgan Initiates Coverage On MP Materials with Overweight Rating, Announces Price Target of $27
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Tyler Langton has initiated coverage on MP Materials (NYSE:MP) with an Overweight rating and a price target of $27.
August 31, 2023 | 9:48 am
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JP Morgan has initiated coverage on MP Materials with an Overweight rating and a price target of $27, indicating a positive outlook for the company.
The initiation of coverage by JP Morgan with an Overweight rating indicates a positive outlook for MP Materials. The price target of $27 suggests that the analyst believes the stock has significant upside potential. This could lead to increased investor interest and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100