Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
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.