Deutsche Bank lowered the firm’s price target on Rio Tinto (RIO) to 5,500 GBp from 6,000 GBp and keeps a Buy rating on the shares.
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Read More on RIO:
- Rio Tinto downgraded to Equal Weight from Overweight at Morgan Stanley
- Rio Tinto increases Australian supplier spend to A$17.7B
- Rio Tinto begins construction on iron ore rail cars in Australia
- Rio Tinto Heads Into High-Stakes Vote on London Listing Review
- Rio Tinto call volume above normal and directionally bullish
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