Molycorp (MCP) Smashed 15% on Downgrade
Tweet
Share
E-mailGet Alerts MCP Hot Sheet
Join SI Premium – FREE
Molycorp, Inc. (NYSE: MCP) continues to plunge after this morning's downgrade. Shares are now down 15 percent to $45.04.
JPMorgan downgrade the shares earlier from Overweight to Neutral and cut its price target from $105 to $66, citing the recent drop in rare earth prices.
For details of the downgrade please visit here
JPMorgan downgrade the shares earlier from Overweight to Neutral and cut its price target from $105 to $66, citing the recent drop in rare earth prices.
For details of the downgrade please visit here
Are you missing key trading opportunities? Upgrade to StreetInsider Premium and get a step ahead of the market - FREE TRIAL!
Create E-mail Alert Related Categories
Trader TalkRelated Entities
JPMorganSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
