The bank initiated coverage of the rare earth mine operator with a buy rating.
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Goldman sees government support for nuclear power and rare earths lifting this mining stock.
The bank upgraded the rare earth miner to an overweight rating from neutral.
Chart analyst Todd Gordon takes a look at a breakout in this rare earths stock.
Morgan Stanley believes that shares of MP Materials could rise another 15% from here.
Deutsche Bank sees shares of MP Materials rising 21% from here, on top of an already staggering year-to-date rally.
Mining disruptions, supply constraints and tariff fears have sent copper prices to record highs this year.
