---
title: "Morgan Stanley’s Rahul Anand Initiates Rio Tinto ADR With Sell/Underweight Rating and $90 Price Target on Unfavorable Risk‑Reward"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296764778.md"
description: "Morgan Stanley analyst Rahul Anand initiated coverage of Rio Tinto ADR with an Underweight/Sell rating and a $90 price target. He cites unfavorable risk-reward dynamics, citing limited upside relative to current prices and inadequate compensation for cyclical exposure. The recommendation aligns with Morgan Stanley’s broader fundamental assessment, considering foreign-exchange dynamics and capital intensity in the metals and mining sector."
datetime: "2026-08-24T09:25:28.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296764778.md)
  - [en](https://longbridge.com/en/news/296764778.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296764778.md)
generator: "portal-rs"
---

# Morgan Stanley’s Rahul Anand Initiates Rio Tinto ADR With Sell/Underweight Rating and $90 Price Target on Unfavorable Risk‑Reward

Analyst Rahul Anand of Morgan Stanley maintained a Sell rating on Rio Tinto, with a price target of p6,670.00.

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Rahul Anand has given his Sell rating due to a combination of factors tied to Rio Tinto’s valuation and risk profile. He initiates coverage on the RIO ADR with an Underweight stance and a US$90 price target, indicating limited upside versus the current market price and suggesting that investors are not adequately compensated for the company’s cyclical exposure.

Anand’s view on the ADR fully mirrors Morgan Stanley’s broader fundamental assessment of Rio Tinto, which incorporates prevailing foreign‑exchange dynamics and the firm’s capital intensity in metals and mining. Taken together, these considerations lead him to conclude that the shares offer an unfavorable risk‑reward balance at present, making a Sell recommendation appropriate for investors seeking better relative opportunities.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**