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IperionX price target lowered to $28 from $30 at B. Riley

B. Riley lowered the firm’s price target on IperionX (IPX) to $28 from $30 and keeps a Buy rating on the shares. IperionX is scaling up titanium manufacturing at its Virginia campus, with full operational capacity expected by mid-2025, although Riley now assumes a more conservative ramp, the analyst tells investors in a research note.

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