BMO Capital Maintains Market Perform on MP Materials, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has maintained a Market Perform rating on MP Materials and raised its price target from $15.5 to $16.
September 30, 2024 | 3:26 pm
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BMO Capital has maintained a Market Perform rating on MP Materials and increased the price target from $15.5 to $16, indicating a slightly positive outlook.
The increase in price target from $15.5 to $16 by BMO Capital suggests a slightly positive outlook for MP Materials. Maintaining a Market Perform rating indicates that the stock is expected to perform in line with the market. The raised price target could lead to a slight positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100