Jefferies upgrades MP Materials, lifts target on Saudi JV, EU project
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Multiple catalysts should help this materials stock to continue rallying: Jefferies
August 1, 2025 5:00 PM EDTJefferies upgraded MP Materials (NYSE: MP) to Buy from Hold on Friday, telling investors that it sees a series of near-term and long-term catalysts that could sustain the stocks recent rally.
MP shares have roughly doubled following transformational deals with the DoD (supporting scale) and Apple (validating capabilities), analysts wrote.
According to Jefferies, additional OEM off-take agreements appear... More
