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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POSITIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100