JPMorgan analyst Dominic O’Kane raised the firm’s price target on Rio Tinto (RIO) to 6,170 GBp from 5,450 GBp and keeps an Overweight 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 Tinto price target raised to 5,810 GBp from 5,500 GBp at Morgan Stanley
- Rio Tinto price target raised to 5,200 GBp from 4,700 GBp at Berenberg
- Robe River JV to invest $733M to extend West Angelas iron ore mine
- Rio Tinto’s Growth Potential and Strategic Initiatives Justify Buy Rating
- Rio Tinto’s August Announcements: Investments and Safety Concerns