Morgan Stanley raised the firm’s price target on Rio Tinto (RIO) to 6,090 GBp from 6,060 GBp and keeps an Overweight rating on the shares.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RIO:
- Morning News Wrap-Up: Tuesday’s Biggest Stock Market Stories!
- Rio Tinto Stock (RIO) Flies Higher after Rallying Up a Dream Team of Bankers to Help it Buy Glencore
- BHP Group not planning rival bid for Glencore, Reuters says
- Rio Tinto’s bid for Glencore could pressure BHP to action, Reuters says
- Morning News Wrap-Up: Friday’s Biggest Stock Market Stories!