RIO TINTO (RIO $71.84, rating remains at NEUTRAL; PRICE TARGET LOWERED FROM $74/share TO $68/share) LOWER MODELED METALLURGICAL COAL PRICES AND POOR FIRST HALF PRODUCTION RESULTS CAUSE EXPECTED EARNINGS TO DROP 7/22/2011
RIO TINTO (RIO $71.84, rating remains at NEUTRAL; PRICE TARGET
LOWERED FROM $74/share TO $68/share) LOWER MODELED
METALLURGICAL COAL PRICES AND POOR FIRST HALF PRODUCTION
RESULTS CAUSE EXPECTED EARNINGS TO DROP 7/22/2011