MP Materials jumps 2% premarket on Goldman ‘Buy’ rating
MP Materials rose 2% premarket after Goldman Sachs initiated coverage with a Buy rating and a $77 target, implying 31% upside. Analysts cited its lead in Western rare-earth production. The company reported a wider Q3 loss of $41.8 million, but CEO Jim Litinsky remained upbeat, calling US-China tensions Cold War 2.0.