Rio2 Announces 2024 AGM Results

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Citi Downgrades Rio Tinto Ltd. (RIO:AU) (RIO) to Neutral

May 19, 2024 10:09 AM EDT

Citi analyst Paul McTaggart downgraded Rio Tinto Ltd. (RIO:AU) (NYSE: RIO) from Buy to Neutral with a price target of EUR137.00.

The analyst comments "RIO Ltd shares are up ~27% since the August 2023 northern summer lull and the deep discount to... More