Buy, Sell, Hold: Rio and New Century

BANKS release initiation reports for diversified major Rio Tinto and zinc producer New Century Resources.

Buy, Sell, Hold: Rio and New Century Buy, Sell, Hold: Rio and New Century Buy, Sell, Hold: Rio and New Century Buy, Sell, Hold: Rio and New Century Buy, Sell, Hold: Rio and New Century

Rio Tinto (RIO)

Analyst: Rahul Anand, Morgan Stanley

Recommendation: Equal-weight (initiation)

Price target: A$95

Thursday's close: $92.

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