RBC Capital analyst Ben Davis lowered the firm’s price target on Rio Tinto (RIO) to 4,900 GBp from 5,000 GBp and keeps a Sector Perform rating on the shares.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RIO:
- Rio seeking to divest some critical minerals assets in U.S., Bloomberg says
- Rio Tinto seeks to divest some U.S. critical mineral assets, Bloomberg says
- Aldebaran Resources files PEA, terminates option agreement with Nuton
- Rio Tinto to reduce production at Yarwun Alumina Refinery
- Rio Tinto price target raised to 5,700 GBp from 4,600 GBp at Citi