Seeking Alpha

Molycorp's (MCP +6.1%) price target is raised to $90 from $74 at JPMorgan as domestic Chinese...

Molycorp's (MCP +6.1%) price target is raised to $90 from $74 at JPMorgan as domestic Chinese rare earth prices continue to climb higher. "Rare earth prices will not fall as significantly as the market anticipates as new supply eventually comes on line outside of China... current Chinese domestic prices are supportive of MCP's valuation." SHZ +5.1%, REE +4.1%.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|