Where Vale Stands With Analysts
Portfolio Pulse from Benzinga Insights
Analysts have provided somewhat bullish ratings for Vale (NYSE:VALE) in the last quarter, with 5 out of 6 analysts leaning towards a bullish stance. The company has an average price target of $16.33, a decrease of 6.69% from the previous average price target of $17.50.
July 20, 2023 | 6:00 pm
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Vale has received somewhat bullish ratings from analysts, with an average price target of $16.33, down 6.69% from the previous target.
The somewhat bullish ratings from analysts indicate a positive outlook for Vale. However, the decrease in the average price target could suggest that analysts are less optimistic about the company's future performance than they were previously. This could potentially impact the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100