Everything We Know About Trump's Nearly Finalized Trade Agreement with China
Written by Emily J. Thompson, Senior Investment Analyst
Source: MarketWatch
Trade Agreement Anticipation: President Trump's administration is expected to finalize a new trade agreement with China this week, boosting U.S. stock market optimism.
Market Reactions: Analysts, including Greg Valliere, suggest that the deal is nearly complete and will likely be positively received by the markets.
Bilateral Meeting: The announcement of the trade deal is anticipated to occur after a meeting between Trump and Chinese President Xi Jinping in South Korea.
Timing of Announcement: The meeting and subsequent announcement are scheduled for Thursday morning local time in South Korea, which corresponds to Wednesday evening or night on the U.S. East Coast.
Analyst Views on MP
Wall Street analysts forecast MP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MP is 76.13 USD with a low forecast of 55.27 USD and a high forecast of 94.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
11 Buy
0 Hold
0 Sell
Strong Buy
Current: 68.370
Low
55.27
Averages
76.13
High
94.00
Current: 68.370
Low
55.27
Averages
76.13
High
94.00
About MP
MP Materials Corp. produces specialty materials that are vital inputs for electrification and other advanced technologies. The Company owns and operates the Mountain Pass Rare Earth Mine and Processing Facility (Mountain Pass) located in California. It is also developing a rare earth metal, alloy and magnet manufacturing facility in Fort Worth, Texas (Independence Facility). The Company’s segments include Materials and Magnetics. The Materials segment operates Mountain Pass, which produces refined rare earth products as well as rare earth concentrate and related products. The Materials segment primarily generates revenue from sales of rare earth concentrate, primarily sold for further distribution to a single, principal customer in China, and sales of neodymium-praseodymium (NdPr) oxide and metal, primarily sold to customers in Japan, South Korea, and broader Asia. The Magnetics segment operates the Independence Facility, where it produces magnetic precursor products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
