USA Rare Earth (NASDAQ:USAR) is shaping up as the go-to rare earth stock in the West, according to Cantor Fitzgerald. The firm's analysts, Derek Soderberg and Drew Nordquist, raised their 12-month price targets to $35 from $30, reiterating an Overweight rating. There are several catalysts supporting the bull case. Production is accelerating, a transformative acquisition is closing, European production is expanding, and the strong U.S. government…