USA Rare Earth initiated with an Overweight at Cantor Fitzgerald

Cantor Fitzgerald initiated coverage of USA Rare Earth (USAR) with an Overweight rating and $16 price target With global trade tensions driving new supply chain risks to rare earths, USA Rare Earth is “uniquely positioned” to establish a fully-integrated, domestic supply chain for “heavy” rare earths, the analyst tells investors in a research note. Cantor believes the company will be a key beneficiary from customers whose manufacturing relies on rare earths.