Check Out What Whales Are Doing With VALE
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bearish stance on Vale (NYSE:VALE), with 72% of detected trades being bearish and 27% bullish. Whales have been targeting a price range of $13.0 to $25.0 for Vale over the last 3 months. RBC Capital upgraded its action to Outperform with a price target of $15, while Morgan Stanley maintained their Overweight rating with a price target of $17.
June 23, 2023 | 3:05 pm
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NEUTRAL IMPACT
A whale investor has taken a bearish stance on Vale, with a majority of detected trades being bearish. However, RBC Capital and Morgan Stanley have positive price targets for the stock.
The bearish stance taken by the whale investor may have a negative impact on Vale's stock price in the short term. However, the positive price targets set by RBC Capital and Morgan Stanley could counterbalance this effect, leading to a neutral short-term impact.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100