JPMorgan analyst Dominic O’Kane lowered the firm’s price target on Rio Tinto (RIO) to 5,580 GBp from 5,920 GBp and keeps an Overweight rating on the shares.
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Read More on RIO:
- Rio Tinto’s Strategic Uncertainty and Market Challenges Justify Hold Rating
- Rio Tinto downgraded to Hold from Buy at Jefferies
- Rio Tinto, PKKP sign co-management agreement
- Rio Tinto, CEO split over conflicting priorities, Reuters reports
- Supreme Court rejects appeal against Rio’s Resolution copper mine, FT reports
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