Berenberg analyst Richard Hatch lowered the firm’s price target on Rio Tinto to 6,100 GBp from 6,400 GBp and keeps a Buy rating on the shares.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on RIO:
- Rio Tinto, Giampaolo Group enter Matalco aluminum recycling joint venture
- Rio Tinto price target raised to 5,390 GBp from 5,350 GBp at JPMorgan
- Rio Tinto (NYSE:RIO) Posts Mixed Q2 Data; Upbeat on 2023 Iron-ore Sales
- Rio Tinto put volume heavy and directionally bearish
- Rio Tinto price target raised to 5,350 GBp from 5,250 GBp at JPMorgan