Morgan Stanley Upgrades Rio Tinto to Overweight
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Alain Gabriel has upgraded Rio Tinto (NYSE:RIO) from Equal-Weight to Overweight.
May 26, 2023 | 4:45 pm
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Rio Tinto (NYSE:RIO) has been upgraded from Equal-Weight to Overweight by Morgan Stanley analyst Alain Gabriel.
The upgrade from Equal-Weight to Overweight by Morgan Stanley analyst Alain Gabriel indicates a positive outlook for Rio Tinto's stock in the short term. This is likely to attract more investors and drive the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100