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0 0 0 0 0.000199441563621819 0.00219385719984044 9.97207818109804E-05 0.00109692859992022
Stock impact report

RIO Stock Gets Fresh Target Increase — But The Real Story May Be Ahead [Yahoo! Finance]

Rio Tinto Plc (RIO) 
US:NYSE Investor Relations: riotinto.com/investors-87.aspx
Company Research Source: Yahoo! Finance
On April 13, Citi raised its price target on Rio Tinto Group (NYSE:RIO) to 7,200 GBp from 7,000 GBp while maintaining a Neutral rating. Just days earlier, on April 10, Morgan Stanley analyst Alain Gabriel also lifted his target on Rio Tinto Group (NYSE:RIO) to 6,900 GBp from 6,330 GBp and kept an Equal Weight rating. While both firms stopped short of outright bullish calls, the target increases are notable because they reflect improving expectations for one of the world's premier mining companies amid resilient commodity demand and long-term structural needs for metals tied to electrification, infrastructure, and industrial growth. Rio Tinto Group (NYSE:RIO) is one of the most diversified mining groups globally, with operations spanning iron ore, copper, aluminum, lithium, and other critical minerals. Headquartered in London and operating as a dual-listed company with Rio Tinto plc in London and Rio Tinto Ltd in Melbourne, the company traces its origins to 1873. Its scale, geogra Show less Read more
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