MP Materials rises 3% after Deutsche Bank upgrade to ‘Buy’
MP Materials shares rose over 3% premarket after Deutsche Bank upgraded the stock from 'hold' to 'buy' and raised its price target to $71 from $68, implying a 21% upside. Analysts cited MPs unique position as the only fully integrated rare earth producer in the West and strong growth drivers in refining, magnet production, and recycling amid rising US-China tensions.