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Berenberg lowers target price on Rio Tinto

By Iain Gilbert

Date: Friday 18 Oct 2024

(Sharecast News) - Analysts at Berenberg lowered their target price on mining giant Rio Tinto from 6,200.0p to 6,000.0p on Friday following the group's Q3 operational review.
Berenberg said Rio Tinto's iron ore production of 84.1mt was "a little light" versus its 85.2mt forecast, while shipments of 84.5mt were also "a...

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