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What: Shares of rare earth miner Molycorp
So what: Dahlman Rose gave Molycorp its blessing today and slapped a $125 price target on the company's shares. That's a 63% premium from where shares currently trade, showing how much confidence the analyst has in the stock.
Now what: The New York Times also helped add fuel to the fire, highlighting the recent increase in rare earth mineral prices. Avalon Rare Metals
Interested in more info on Molycorp? Add it to your watchlist.
Fool contributor Travis Hoium does not have a position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings or follow his CAPS picks at TMFFlushDraw.
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