Texas Capital Initiates Buy Rating on USA Rare Earth (USAR) with $28 Price Target
Texas Capital has launched coverage on USA Rare Earth (USAR) with a 'Buy' rating and a price target of $28. The analyst noted that the company is well-positioned to benefit from significant domestic onshoring tailwinds within the critical minerals sector. The move comes as investors increasingly focus on the security of mineral supply chains. Texas Capital highlighted that the shift toward localized production of essential metals for technology and defense represents one of the most compelling investment themes in the current metals and mining landscape.
