Molycorp (MCP) Sees Upside Action On Positive Analyst Comments

January 6, 2012 10:34 AM EST
Get Alerts MCP Hot Sheet
Price: $0.36 --0%

Rating Summary:
    2 Buy, 6 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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Beaten-up rare earth stock Molycorp, Inc (NYSE: MCP) is seeing strong intra-day price action Friday and is raising eyebrows on the Street.

Shares are up 4.5 percent after trading in the red earlier.

This morning, Dahlman Rose reiterated its 'Buy' rating and $70 price target saying the completion of Mountain Pass construction will prove to be a near-term catalyst for shares. More here.


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