Wedbush analyst Sam Brandeis raised the firm’s price target on USA Rare Earth (USAR) to $35 from $29 and keeps an Outperform rating on the shares. The firm notes USA Rare Earth is reporting its Q1 earnings after the bell on Wednesday where it believes the company will continue to demonstrate strategic momentum across its rapidly expanding mine-to-magnet value chain against an accelerating policy backdrop and rising urgency around heavy rare earth supply chain sovereignty.
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