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Neo Performance Materials' stock soared 16.8% after Stifel Nicolaus upgraded its rating to "buy."
Neo Performance Materials' stock surged 16.8% on Tuesday, reaching C$10.88.
Trading volume was 392% higher than average, with 404,363 shares exchanged.
Stifel Nicolaus upgraded the stock to a "buy" rating and raised the price target to C$16.50 from C$15.00 on March 19th.
The company, with a market cap of C$316.67 million, specializes in rare earth materials, magnetic powders, and magnets.
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Las acciones de Neo Performance Materials se dispararon un 16.8% después de que Stifel Nicolaus mejorara su calificación a "comprar".