** Rare earths producer MP Materials' MP.N shares rise 5% to $24.34 premarket
** Company reported Q4 loss of 12 cents per share on Thursday vs est loss of 13 cents per share - data compiled by LSEG
** MP produced 11,478 metric tons of rare earth oxides (REO) in concentrate, 24% up from a year earlier
** Company produced 413 metric tons of neodymium and praseodymium (NdPr) oxide, 175% up from last year
** Jefferies raises price target to $30 from $26; a 29.4% upside to the stock's last close
** "Positive momentum in REO concentrate and NdPr prices and solid execution in addressing bottlenecks suggest investors should focus on the shift towards integrated magnet production and potential policy support" - brokerage says
** Up till last close, stock up 48.6% YTD
(Reporting by Pooja Menon in Bengaluru)
((Pooja.Menon@thomsonreuters.com;))
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