BMO Capital Markets believes that ramping Middle East tensions could boost this stock's pricing power.
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The bank upgraded the industrial gas supplier to overweight from neutral.
The strategists looked at Chinese companies with significant revenue exposure to the region.
BMO Capital Markets sees shares of MP Materials adding another 36% to its massive year-to-date surge.
The stock has pulled back roughly 9% since the start of the conflict with Iran.
Bank of America has a playbook for how various assets have performed in the aftermath of seismic geopolitical events.
The bank initiated the corporate travel and expense platform at an outperform rating.
