Inflation, iron ore, BHP, RIO, FMG, DRR
19 Jul 2022 – Fund Manager Chris Pedersen discusses inflation, iron ore, BHP Group, Rio Tinto, Fortescue Metals Group, Deterra Royalties.
Read MoreTag: DRR
DRR – Credit Suisse rates the stock as Outperform
Outperform rating and $5 target maintained.
Read MoreDRR – Credit Suisse rates the stock as Outperform
The broker assesses the dislocation is a re-rating opportunity and retains an Outperform rating. Target is $4.80.
Read MoreDRR – UBS rates the stock as Upgrade to Buy
UBS forecasts a 5% lift in world’s steel production in 2021. The broker upgrades the rating for Deterra Royalties to Buy from Neutral and raises the target to $5.15 from $5.00.
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