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5N Plus Upgraded to Strong Buy at Raymond James

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5N Plus Inc. (VNP.TO) was upgraded to strong buy from outperform at Raymond James.

Analyst Michael Glen maintained a price target of C$45 on shares of the Canadian producer of specialty semiconductors and performance materials.

"We are upgrading to strong buy given our view there is a large disconnect between market valuation and underlying fundamentals, and we continue to see a very strong growth outlook," Glen said in a note to clients.

(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

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