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J.P. Morgan sees 20% upside in Rio Tinto, rates stock Overweight on copper growth
Investing.com -- J.P. Morgan resumed coverage of Rio Tinto (NYSE:RIO) with an âOverweightâ rating and a price target of £59.20 per share, citing roughly 20% share price upside driven by strong copper growth, attractive valuation, and resilient free cash flow.
J.P. Morgan said Rio Tinto has the highest copper volume growth among diversified miners in the EMEA region, forecasting attributable copper...
>>> Read more: J.P. Morgan sees 20% upside in Rio Tinto, rates stock Overweight on copper growth
Investing.com -- J.P. Morgan resumed coverage of Rio Tinto (NYSE:RIO) with an âOverweightâ rating and a price target of £59.20 per share, citing roughly 20% share price upside driven by strong copper growth, attractive valuation, and resilient free cash flow.
J.P. Morgan said Rio Tinto has the highest copper volume growth among diversified miners in the EMEA region, forecasting attributable copper...
>>> Read more: J.P. Morgan sees 20% upside in Rio Tinto, rates stock Overweight on copper growth
