Baird Maintains Outperform on MP Materials, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Ben Kallo maintains an Outperform rating on MP Materials (NYSE:MP) but lowers the price target from $24 to $20.
July 15, 2024 | 12:33 pm
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Baird analyst Ben Kallo maintains an Outperform rating on MP Materials but lowers the price target from $24 to $20.
The Outperform rating suggests continued confidence in MP Materials' performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100