Check Out What Whales Are Doing With VALE
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on Vale (NYSE:VALE), with 73% of detected trades showing bullish expectations. Whales have been targeting a price range of $12.0 to $16.0 for Vale over the last 3 months. RBC Capital upgraded its action to Outperform with a price target of $15.
June 07, 2023 | 7:04 pm
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Whale investor shows bullish stance on Vale, targeting a price range of $12-$16. RBC Capital upgrades to Outperform with a $15 price target.
The bullish stance of the whale investor, along with the majority of detected trades showing bullish expectations, indicates a positive short-term impact on Vale's stock price. Additionally, RBC Capital's upgrade to Outperform with a $15 price target further supports the potential for an upward price movement.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100