UBS Upgrades Rio Tinto to Neutral
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Myles Allsop has upgraded Rio Tinto (NYSE:RIO) from Sell to Neutral.
October 06, 2023 | 8:47 am
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UBS has upgraded Rio Tinto from Sell to Neutral, which may influence investor sentiment and the stock's price.
Analyst ratings often influence investor sentiment and can lead to changes in a stock's price. In this case, the upgrade from Sell to Neutral by UBS suggests a more positive outlook for Rio Tinto, which could lead to an increase in the stock's price in the short term.
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