JPMorgan analyst Lyndon Fagan raised the firm’s price target on Rio Tinto to 5,440 GBp from 5,390 GBp and keeps an Underweight rating on the shares.
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Read More on RIO:
- Rio Tinto reports Q2 revenue $26.67B vs. $29.78B last year
- Rio Tinto price target lowered to 6,800 GBp from 7,400 GBp at Credit Suisse
- Rio Tinto price target lowered to 5,500 GBp from 5,600 GBp at Morgan Stanley
- Rio Tinto price target lowered to 6,100 GBp from 6,400 GBp at Berenberg
- Rio Tinto, Giampaolo Group enter Matalco aluminum recycling joint venture