Rare Earths Americas (NYSEAMERICAN:REA – Get Free Report) was upgraded by investment analysts at Zacks Research to a “hold” rating in a note issued to investors on Tuesday,Zacks.com reports.
Several other research firms also recently issued reports on REA. Canaccord Genuity Group assumed coverage on Rare Earths Americas in a research note on Monday, June 1st. They issued a “buy” rating and a $25.00 price target for the company. Stifel Nicolaus began coverage on Rare Earths Americas in a research note on Monday, June 1st. They issued a “buy” rating and a $30.00 price target for the company. Cantor Fitzgerald began coverage on Rare Earths Americas in a research report on Monday, June 1st. They set a “speculative buy” rating and a $34.00 target price for the company. Finally, B. Riley Financial began coverage on Rare Earths Americas in a research report on Monday, June 1st. They set a “buy” rating and a $28.00 target price for the company. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $29.25.
Read Our Latest Stock Report on REA
Rare Earths Americas Trading Down 9.5%
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