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Piper Jaffray Raises PT On Molycorp To $70
Tuesday, April 5, 2011 - 6:53am | 27Piper Jaffray has raised the price target on Molycorp, Inc. (NYSE: MCP) from $56 to $70 and maintains its Neutral rating.
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Rare Earth Elements Exploding (REE, MCP)
Tuesday, March 29, 2011 - 3:42pm | 232Shares of rare earth miners Rare Element Resources (NYSE: REE) and Molycorp (NYSE: MCP) are undergoing huge price advancements in today's trading session. The tone was set early as both stocks started in the positive territory and have been steadily ascending throughout the day. Rare Element...
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J.P. Morgan Raises Price Target On Molycorp To $74
Tuesday, March 29, 2011 - 7:12am | 161According to J.P. Morgan, Molycorp's (NYSE: MCP) price target is raised to $74. J.P. Morgan reported that, while much focus has been on rising Chinese rare earth export prices, it thinks less attention has been paid to the recent increase in domestic Chinese rare earth prices. “Since the beginning...
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JP Morgan Raises PT On Molycorp To $74
Tuesday, March 29, 2011 - 6:44am | 26JP Morgan has raised the price target on Molycorp (NYSE: MCP) from $66 to $74 and maintains its Overweight rating.
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Gabelli & Company Maintains Buy Rating On MCP
Friday, March 11, 2011 - 10:31am | 94Gabelli & Company is maintaining its Buy rating on shares of Molycorp, Inc. (NYSE: MCP) “Although MCP is a speculative company, we continue to believe that the long-term prospects for the Company remain attractive and that MCP is the best vehicle to gain exposure to the rare earth industry,”...
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Molycorp Reports 4Q Beat, Dahlman Maintains Buy
Thursday, March 10, 2011 - 10:20am | 186Dahlman Rose has published a research report on Molycorp, Inc. (NYSE: MCP) after the company reported 4Q earnings that beat analyst estimates. In the report, Dahlman Rose writes "Results exceeded our estimates of a loss of ($0.01) and the consensus loss estimate of ($0.07). Results compared with a...
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UPDATE: J.P. Morgan Raises PT on Molycorp to $66 (MCP)
Thursday, March 10, 2011 - 9:55am | 163J.P. Morgan is out with its report today on Molycorp (NYSE: MCP), raising its PT from $65 to $66. In a note to clients, J.P. Morgan writes, "We continue to believe MCP's stock price should start to catch up to the recent surge in rare earth prices, which are up roughly 45% since mid-February while...
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Piper Jaffray Raises PT On Molycorp To $56
Thursday, March 10, 2011 - 8:26am | 29Piper Jaffray has raised the price target on Molycorp, Inc. (NYSE: MCP) from $52 to $56 and maintains its Neutral rating.
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Dahlman Rose Reiterates Buy on Molycorp (MCP)
Thursday, February 24, 2011 - 10:09am | 116Dahlman Rose is out with its report today on Molycorp (NYSE: MCP), reiterating Buy. In a note to clients, Dahlman Rose writes, "We reiterate our Buy rating on the shares, with an $85 price target. We continue to view Molycorp shares as the best way to participate in the rare earth element sector....
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JP Morgan Upgrades Molycorp To Overweight, PT To $65
Tuesday, February 22, 2011 - 9:29am | 27JP Morgan has upgraded Molycorp (NYSE: MCP) from Neutral to Overweight and has raised the price target from $36 to $65.
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Piper Jaffray Raises PT On Molycorp to $52
Tuesday, February 22, 2011 - 8:17am | 27Piper Jaffray has raised the price target on Molycorp, Inc. (NYSE: MCP) from $43 to $52 and maintains its Neutral rating.
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China Commences Rare Earth Exports (REE, AVL, MCP, SHZ, REMX)
Tuesday, January 18, 2011 - 11:33am | 268The Ministry of Commerce said that China will continue rare earth exports and regulate export quotas according to World Trade Organization rules. The Xinhua News Agency reports that full-year quotas are currently under discussion. Late last year, China announced that it had reduced its rare earth...
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Rare-Earths For Dummies (MCP, SHZ, REE, AVL)
Tuesday, January 4, 2011 - 2:45pm | 603It seems like you can't turn on the TV or visit a financial website without hearing about the necessity of rare-earth minerals. But while everyone is aware of them, very few know what they are, why they're important, and why shares of these companies are skyrocketing on a daily basis. In this...
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Piper Jaffray Raises MCP Target To $43 From $37
Wednesday, December 29, 2010 - 9:25am | 131Piper Jaffray is raising its PT on shares of Molycorp, Inc. (NYSE: MCP) to $43, up from $37. This follows yesterday's news that China had cut its rare earth export quota by 11%. “While the Chinese government continues to restrict the export of rare earths and cut its quota for 1H11 by 11%, the...
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Dahlman Rose Raises Molycorp PT From $43 To $49
Thursday, December 16, 2010 - 11:04am | 65Dahlman Rose is increasing its price target on Molycorp, Inc. (NYSE: MCP) to $49 from $43. “The company has improved its risk profile by bringing in a strategic investor with extensive mining experience, obtaining additional financing, which should essentially fully fund the project, and obtaining...