Multiple headwinds are evident. Jefferies downgraded Rio Tinto (RIO.US) rating to "hold".
Zhtng cijng APP huzh, Jefferies fbio ynbo, jing ltu (RIO.US) pngj cng "mir" xitio zh "chyu", gi hng fnx sh Christopher LaFemina biosh, cc diozhng jy duchng bl yns: j jing doli de shuxng gun gngdi, migu
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The app of Chinese financial news Zhitong learned that Jefferies issued a research report, downgrading Rio Tinto (RIO.US) from "buy" to "hold". Analyst Christopher LaFemina stated that this adjustment is based on multiple negative factors: the upcoming change in CEO, the increase in U.S. aluminum import tariffs, and the expected softening of iron ore prices.
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