Opportunities this week:

Last week was a busy week for PayPal with multiple announcements regarding its stablecoin (PYUSD), Venmo, and new strategic partnerships, which we believe continue to position PayPal to capture growth in the ever-evolving FinTech space, hence we reiterate our Overweight rating and a revised PT $97 from $96.   
Following a multi-year period of de-rating and under-performance we are upgrading our rating on Diageo to Overweight and revising our price target from 2260p to 2370p, which provides c. 29% potential upside before the c.4% dividend yield. 
After a period of share price weakness for Rio Tinto related to weaker iron ore prices, we are reiterating our Overweight rating with a PT of 5590p (c. 30% upside plus 7% dividend yield).