JP Morgan Maintains Neutral on MP Materials, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Bill Peterson maintains a Neutral rating on MP Materials (NYSE:MP) but lowers the price target from $16 to $15.
July 23, 2024 | 12:38 pm
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NEGATIVE IMPACT
JP Morgan analyst Bill Peterson maintains a Neutral rating on MP Materials but lowers the price target from $16 to $15.
The lowered price target from $16 to $15 by JP Morgan suggests a less optimistic outlook for MP Materials, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100