JPMorgan analyst Lyndon Fagan lowered the firm’s price target on Rio Tinto to 5,300 GBp from 5,500 GBp and keeps an Underweight rating on the shares.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on RIO:
- Rio Tinto commences underground production at Oyu Tolgoi mine
- Rio Tinto put volume heavy and directionally bearish
- Rio Tinto consents to $15M civil penalty to settle SEC ‘bribery scheme’ charges
- Rio Tinto upgraded to Conviction Buy from Buy at Goldman Sachs
- Stellantis taking 14.2% equity stake in McEwen Copper