MP Materials Corp. (NYSE:MP) has quickly become a cornerstone of U.S. industrial policy amid America's attempt to decouple from China in critical technology supply chains — and Wall Street analysts are finally catching up to its strategic importance.
Shares of the Nevada-based rare-earth mining company rallied up to 9% on Wednesday, making it the top performer in the Russell 1000 index, after Goldman Sachs initiated coverage with a bullish Buy rating and a $77 price target — a 32% upside from current levels.
