Buy, Sell, Hold: Rio, Saracen and Perseus

RIO downgraded after weak quarter, and price target increases for gold miners Saracen and Perseus.

Buy, Sell, Hold: Rio, Saracen and Perseus Buy, Sell, Hold: Rio, Saracen and Perseus Buy, Sell, Hold: Rio, Saracen and Perseus Buy, Sell, Hold: Rio, Saracen and Perseus Buy, Sell, Hold: Rio, Saracen and Perseus

Rio Tinto (RIO)

Analyst: Adrian Prendergast, Morgans

Recommendation: Hold (previously buy)

Price target: A$62.30 (previously $66.57)

Thursday’s close: $64.