News Digest / Ticker: NGLOY

Ticker: NGLOY

06:46am, Wednesday, Oct 02, 2024

Rio Tinto Stock Surges on Berenberg Upgrade; Traders Eye Promising Growth Ahead

Rio Tinto (NYSE: RIO) shares rose 1.4% after Berenberg upgraded the stock to "buy" and raised the price target to 6,200 pence, citing strong operational efficiencies and positive impacts from China's economic stimulus on commodity prices.