MP Materials named a top pick for 2023 at Northland

Northland analyst Abhishek Sinha named MP Materials a top pick for 2023, citing the belief that MP is well positioned for a strong year as the EV market picks up and China opens up. He likes MP’s continued disciplined focus on cash generation and returns as well as its operational improvement, said Sinha, who has an Outperform rating and $48 price target on the shares.