BMO upgrades MP Materials to 'outperform'
BMO upgrades rating on rare earth miner MP Materials MP.N to "outperform" from "market perform"
MP's shares gain 2.7% to $56.80 premarket
However, brokerage cuts PT to $75 from $76; implying ~36% upside to stock's last close
Brokerage argues that recent pullback in rare earth prices and China's removal of export restrictions do not undermine long‑term U.S. rare earth supply chain theme
BMO expects combination of potential upside from Saudi Arabia joint venture and recent share price weakness to create an attractive entry point
"We believe MP's strategically important assets will continue to warrant a premium multiple versus peers," BMO says
14 of 16 brokerages rate stock "buy" or higher and two rate "hold"; median PT is $78.00 - data compiled by LSEG
Up to last close, MP up 254.3% YTD
Related Articles
Elon Musk’s SpaceX Poised for Record-Breaking IPO: How Can Retail Investors Get In on the Action of Starlink Stock?
TradingKey - Elon Musk's rocket manufacturer SpaceX is expected to launch an IPO in 2026, with a target IPO valuation projected to reach $1.5 trillion. However, prior to its listing, the stock can only be traded in the private market, characterized by low information transparency and high capital ba
Cathie Wood Predicts Bitcoin Has Bottomed. Is Now The Best Time to Buy? How to Buy BTC?
Purchasing Bitcoin is generally divided into three stages: pre-transaction, during transaction, and post-transaction. Each stage requires careful attention, as losses can easily arise from operational errors, pitfalls, and other factors.
Musk’s Next Ambition: Building a Space-Based AI Data Center
TradingKey - Musk has long resisted the idea of taking SpaceX public. After the Tesla take-private drama and the resulting SEC penalties (which cost him the chairmanship), he’s been wary of public market entanglements. But something’s changed—and fast.
Japan Central Bank Rate Hike To Three-Decade High Imminent, How Will The Market Go? Which Assets Most Affected?
As global monetary policy divergence enters a critical phase, the Bank of Japan (BoJ) is anticipated to raise its benchmark interest rate at the monetary policy meeting on December 19, 2025, by 25 basis points to 0.75% , marking its highest level in nearly 30 years.
