Ucore Rare Metals initiated with an Outperform at Raymond James

Raymond James analyst Daniel Magder initiated coverage of Ucore Rare Metals (UURAF) with an Outperform rating and C$14.50 price target Ucore is developing a vertically integrated rare earth supply chain in North America, anchored by its RapidSX separation technology and its planned strategic metals complex in Louisiana, the analyst tells investors in a research note.