Rare Earth Miner MP Materials Gains Bullish Outlook with 156% Upside Potential

A prominent Wall Street firm has dramatically increased its price projection for MP Materials Corp., signaling exceptionally strong confidence in the rare earth producer’s strategic direction and growth prospects.

In early September, investment firm DA Davidson maintained its Buy recommendation on MP Materials while taking the extraordinary step of more than doubling its 12-month price target. The target surged from $32 to $82 per share. This adjustment followed the company’s announcement of significant new government and commercial partnerships that are expected to fundamentally reshape its business model.

Based on a September 5th closing price of $62.75, the new target implies a potential upside of approximately 31% from current levels. The stock has already demonstrated remarkable performance, delivering a staggering 451% return to investors over the preceding twelve months.