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Fly News Breaks for December 17, 2019
Dec 17, 2019 | 07:08 EDT
JPMorgan analyst Dominic O'Kane downgraded Rio Tinto to Neutral from Overweight with a 4,850 GBp price target. JPMorgan expects iron ore prices to fall in 2020 and 2021, which should be drag for the sector, O'Kane tells investors in a research note.