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Citi Upgrades Rio Tinto From Sell To Neutral
Tuesday, June 7, 2016 - 9:05am | 302Rio Tinto plc (ADR) (NYSE: RIO) has lowered its managed WA production guidance for 2017 from ~350mt to 330–340mt, which implies largely flat production in 2016. Citi’s Heath R. Jansen upgraded the rating on the company from Sell to Neutral, while raising the price target from £20...