Wolfe Research Upgrades Vale to Outperform, Announces $17 Price Target
Portfolio Pulse from richadhand@benzinga.com
Wolfe Research analyst Timna Tanners has upgraded Vale (NYSE:VALE) from Peer Perform to Outperform and set a price target of $17.
July 11, 2023 | 10:20 am
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Vale's stock has been upgraded to Outperform from Peer Perform by Wolfe Research, with a new price target of $17.
The upgrade from Wolfe Research is a positive signal for Vale's stock. The new price target of $17 suggests that the analyst sees potential for the stock's price to increase. This could lead to increased investor interest and potentially a rise in the stock's price in the short term.
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