Morgan Stanley Holds 'Hold' Rating on MP Materials Stock

Reported 1 day ago

Morgan Stanley analyst Carlos De Alba has maintained a 'Hold' rating on MP Materials Corp. (NYSE:MP) stock, with a price target of $65.00, citing both opportunities and risks. The company's efforts to create a domestic supply chain for rare earth materials, especially through partnerships with the Department of Defense and Apple, are positive signs. However, concerns about project execution remain, and while MP is viewed as a promising investment, some AI stocks might offer better potential.

Source: YAHOO

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