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Fly News Breaks for December 5, 2016
RIO
Dec 5, 2016 | 05:54 EDT
Citi analyst Heath Jansen upgraded Rio Tinto to Neutral after double upgrading his Metals & Mining sector view from bearish to bullish. Changes in company behavior could lead to value creation over the next few years, Jansen tells investors in a research note. The analyst has a "more robust" outlook for 2017 for the commodity complex. He raised his price target for Rio shares to GBP 33 from GBP 25.50.
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