Opportunities this week:

Rio Tinto has made a number of announcements since the start of May; therefore, we are providing a summary of these as well as updating our PT to 5590p. Given the 22% upside, we reiterate our Overweight rating on the stock.
Despite last week’s disappointing news that Flutter had lost out on its bid for the Italian lottery license, we retain our overweight rating on the stock. Given there is over 20% upside to our price target of $293.
Following a review of our valuation metrics and rolling the estimate year forward to 03/27, we marginally raise our PT on DCC to £70.70 from £70.30 previously. Thus with 56% upside, we reiterate our Overweight rating.