BofA cuts Rio Tinto and BHP to Neutral on valuation, negative China credit impulse
ByYahoo Finance
5/22/2026
Source:Yahoo Finance
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Investing.com -- Bank of America on Friday downgraded both Rio Tinto and BHP Group to Neutral from Buy, citing stretched valuations, a negative turn in China’s credit impulse, and growing macro risks tied to the Middle East conflict.
Investing.com -- Bank of America on Friday downgraded both Rio Tinto and BHP Group to Neutral from Buy, citing stretched valuations, a negative turn in China’s credit impulse, and growing macro risks tied to the Middle East conflict.
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