BMO Capital Maintains Market Perform on MP Materials, Raises Price Target to $18.5
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Greg Jones maintains a Market Perform rating on MP Materials and raises the price target from $16 to $18.5.
October 25, 2024 | 1:00 pm
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BMO Capital has maintained its Market Perform rating on MP Materials while increasing the price target from $16 to $18.5, indicating a positive outlook.
The increase in price target from $16 to $18.5 by BMO Capital suggests a positive outlook for MP Materials, which could lead to a short-term increase in stock price. The Market Perform rating indicates a neutral stance, but the raised target reflects improved expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100