BMO Capital Markets thinks that MP Materials ' massive surge in 2025 is set to continue higher from here. The bank upgraded the rare earth miner to an outperform rating from market perform. However, analyst Raj Ray lowered his price target by $1 to $75 per share. MP Materials stock has surged 254% this year. Ray's updated forecast implies another 36% rally ahead. MP YTD mountain MP YTD chart Raj said that rare earth multiples have pulled back from their previous highs as tensions between the U.S. and China have thawed significantly, with Beijing agreeing to pause some of its export controls following a meeting between President Donald Trump and China's Xi Jinping. However, Raj doesn't believe that this U.S.-China deal should weaken the rare earth theme. "The recent trade tensions concernin

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