Morgan Stanley Maintains Equal-Weight on MP Materials, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Carlos De Alba maintains an Equal-Weight rating on MP Materials (NYSE:MP) but lowers the price target from $15.5 to $14.

June 21, 2024 | 9:24 am
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Morgan Stanley analyst Carlos De Alba maintains an Equal-Weight rating on MP Materials but lowers the price target from $15.5 to $14.
The lowered price target from $15.5 to $14 by a major financial institution like Morgan Stanley is likely to have a negative short-term impact on MP Materials' stock price. The Equal-Weight rating suggests a neutral stance, but the reduced price target indicates lowered expectations for the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100