B of A Securities Maintains Buy on MP Materials, Lowers Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Lawson Winder maintains a Buy rating on MP Materials (NYSE:MP) but lowers the price target from $25 to $24.
June 26, 2024 | 4:27 pm
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NEUTRAL IMPACT
B of A Securities analyst Lawson Winder maintains a Buy rating on MP Materials but lowers the price target from $25 to $24.
The Buy rating suggests continued confidence in MP Materials' long-term prospects, but the lowered price target indicates some caution about short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100