DA Davidson Maintains Buy on MP Materials, Raises Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Matt Summerville maintains a Buy rating on MP Materials and raises the price target from $20 to $23.
October 01, 2024 | 5:38 pm
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POSITIVE IMPACT
DA Davidson analyst Matt Summerville has reiterated a Buy rating for MP Materials and increased the price target from $20 to $23, indicating a positive outlook.
The analyst's decision to maintain a Buy rating and raise the price target suggests confidence in MP Materials' future performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100