HC Wainwright & Co. Maintains Buy on 5E Advanced Materials, Raises Price Target to $6.75
HC Wainwright & Co. analyst Heiko F. Ihle maintains 5E Advanced Materials (NASDAQ:FEAM) with a Buy and raises the price target from $3.5 to $6.75.
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The U.S. Export-Import Bank is lending $58 million to three critical-mineral companies as part of President Donald Trump's push to wean the country off Chinese supplies and bolster American mining and processing,
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HC Wainwright & Co. analyst Heiko F. Ihle maintains 5E Advanced Materials (NASDAQ:FEAM) with a Buy and raises the price target from $3.5 to $6.75.
Three materials stocks—Hongli, 5E Advanced Materials and ZK International—are overbought, with RSI readings above 70 after sharp gains.
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