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Deutsche Bank raises Rio Tinto price target to 7,400p

Created at 1 Jun · 7:44 PM5 sources↑ Market-relevant5 events
IN SHORT

Deutsche Bank has increased its price target for Rio Tinto from 6,900p to 7,400p, reflecting an updated valuation of the mining company.

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Key Numbers

7,400pRio Tinto price target
6,900pPrevious Rio Tinto price target

Who's Involved

Deutsche Bank
Financial institution raising Rio Tinto's price target
Rio Tinto
Mining giant with updated price target
Deutsche Bank raises Rio Tinto price target to 7,400p

↳ Why This Matters

Deutsche Bank's adjustment to Rio Tinto's price target indicates a revised outlook on the mining company's valuation by the financial institution. Such analyst actions can influence investor sentiment and trading activity for the targeted stock.

Key facts

  • Deutsche Bank raised Rio Tinto's price target.
  • The new price target is 7,400p, up from 6,900p.
  • This reflects an updated valuation by Deutsche Bank.

Deutsche Bank's adjustment to Rio Tinto's price target indicates a revised outlook on the mining company's valuation by the financial institution. Such analyst actions can influence investor sentiment and trading activity for the targeted stock.

Frequently asked questions

Deutsche Bank has set a new price target of 7,400p for Rio Tinto.

The previous price target for Rio Tinto by Deutsche Bank was 6,900p.

The price target was adjusted to reflect an updated valuation of the mining giant by Deutsche Bank.

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Cadence

How It Developed

2 Jun · 6:08 AM
Deutsche Bank raises Rio Tinto's price target to 7,400p from 6,900p.
@FirstSquawk via PiQSuite
2 Jun · 4:19 AM
This article discusses Deutsche Bank's progress in improving financial performance and strategic positioning.
@FT via PiQSuite
2 Jun · 4:00 AM
Deutsche Bank is refocusing on Europe after scaling back global ambitions.
Financial Times via PiQSuite
1 Jun · 7:41 PM
Deutsche Bank AG reported that May auto demand was stronger than expected, according to an analyst report.
@zerohedge via PiQSuite
1 Jun · 7:40 PM
Deutsche Bank's analyst Edison Yu provided specific figures for May US auto sales, estimating 15.9 million units SAAR.
ZeroHedge News via PiQSuite

Sources

T1
May Auto Demand "Stronger Than Expectations", Deutsche Says https://t.co/H55qgFFpFk@zerohedge via PiQSuite
T1
May Auto Demand "Stronger Than Expectations", Deutsche Saysm.piqsuite.com
T1
Deutsche Bank's comeback https://t.co/fP3I3ls8Wi@FT via PiQSuite
T1
Deutsche Bank's comebackm.piqsuite.com
T1
Deutsche Bank increases Rio Tinto's price target from 6,900p to 7,400p.@FirstSquawk via PiQSuite

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