JPMorgan raised the firm’s price target on MP Materials (MP) to $18 from $15 and keeps a Neutral rating on the shares ahead of the Q3 report. The firm anticipates “relatively upbeat commentary” from the company following China stimulus news and that losses ease sequentially given less downtime.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MP:
Questions or Comments about the article? Write to editor@tipranks.com