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Why Macquarie just raised its price target for Rio Tinto shares

Published

1 week ago

on

August 1, 2025

By

Noosa Online News Publisher

Image source: Getty Images

Rio Tinto Ltd (ASX: RIO) shares are marching higher today.

Shares in the S&P/ASX 200 Index (ASX: XJO) mining stock closed yesterday trading for $111.70. In early afternoon trade on Friday, shares are changing hands for $112.71 apiece, up 0.9%.

For some context, the…

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