Dahlman Rose Starts Rare Element Resources (REE) at Buy, Sees As Attractive Takeover Candidate

Dahlman Rose initiates coverage on Rare Element Resources (NYSE: REE) with a Buy rating and $21 price target.

"We like the straightforward metallurgy that is present at the company's Bear Lodge deposit and access to infrastructure that is present at this deposit. In
fact, we believe that these aspects make the company an attractive candidate to be acquired by a producing rare earth company over the medium-term."

For more ratings news on Rare Element Resources click here and for the rating history of Rare Element Resources click here.

Shares of Rare Element Resources closed at $13.85 yesterday.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Raymond James Starts SpyGlass Pharma (SGP) at Outperform
• BMO Capital Resumes Snowline Gold Corp (SGD:CN) (SNWGF) at Outperform
• Axis Capital Limited Assumes Jubilant Foodworks Ltd (JUBI:IN) at Reduce (3)