Rio Tinto downgraded to Hold at Jefferies as headwinds emerge

1 day ago 1
Iron Ore reclaimer machine and stockpile

Dazman/E+ via Getty Images

Rio Tinto (NYSE:RIO) -1.1% in Tuesday's trading as Jefferies downgraded shares to Hold from Buy as headwinds mount, including a coming CEO changeover, rising tariffs on U.S. aluminum imports and expectations of softer iron ore prices ahead, analysts at the bank led

Recommended For You

Read Entire Article