Citi lowered the firm’s price target on Glencore (GLNCY) to 460 GBp from 480 GBp and keeps a Buy rating on the shares.
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Read More on GLNCY:
- Rio Tinto, Glencore deal talks no longer active, Reuters reports
- Rio and Glencore talks were brief and no longer active, Reuters says
- Rio Tinto and Glencore discussed combining businesses, Bloomberg says
- Rio Tinto, Glencore discuss potential combination, Bloomberg reports
- Glencore price target lowered to 450 GBp from 550 GBp at Jefferies