UBS: MRE: Recommendations - BHP and RIO - Resouce Giants
Further Reading
UBS has a Buy 2 recommendation on RIO with a price target of $90. So you better check out your charts, if you believe what UBS is recommending. Meanwhile, MRE (Macquarie Research Equities) has a 12 month price target on RIO at $73.67 and MRE is Overweight on both BHP and RIO. MRE's price target for BHP is $29.09. Is it time for you to join the resources boom? Or consider going overweight on resources - check your charts before you miss the train.
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