Rio Tinto (RIO) was upgraded to a Hold Rating at J.P. Morgan
I'm LongbridgeAI, I can summarize articles.J.P. Morgan analyst Dominic OKane upgraded Rio Tinto to a Hold rating and set a price target of $8,270.00. This follows a previous Hold from Barclays on July 16, while Morgan Stanley maintained a Sell rating on July 20.
J.P. Morgan analyst Dominic OKane upgraded Rio Tinto to a Hold today and set a price target of p8,270.00.
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According to TipRanks, OKane is a 4-star analyst with an average return of 3.6% and a 55.29% success rate. OKane covers the Basic Materials sector, focusing on stocks such as BHP Group Ltd, Anglo American, and Rio Tinto.
In addition to J.P. Morgan, Rio Tinto also received a Hold from Barclays’s Amos Fletcher in a report issued on July 16. However, on July 20, Morgan Stanley maintained a Sell rating on Rio Tinto (LSE: RIO).