Baird analyst Ben Kallo raised the firm’s price target on MP Materials (MP) to $80 from $69 and keeps an Outperform rating on the shares. The firm updated its model following historic Q2 results where its magent margins stood out positively.
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Read More on MP:
- MP Materials price target raised to $80 from $55 at TD Cowen
- MP Materials: Strong Q2 Results Overshadowed by Liquidity Concerns and Mixed NdPr Performance, Justifying Hold Rating
- MP Materials price target raised to $77 from $64 at Canaccord
- MP Materials Reports Strong Revenue Growth and Strategic Partnerships
- MP Materials: Strong Performance, Strategic Growth, and Raised Price Target to $80