Vale Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for Vale (NYSE:VALE), indicating a bullish stance by a large investor or institution. The overall sentiment of these big-money traders is split between 56% bullish and 43% bearish. The price target for Vale over the last 3 months has been between $10.0 to $20.0. Wolfe Research upgraded its action to Outperform with a price target of $17, while RBC Capital downgraded its action to Outperform with a price target of $15.
July 28, 2023 | 2:46 pm
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Unusual options activity has been observed for Vale, indicating a bullish stance by a large investor or institution. The price target for Vale over the last 3 months has been between $10.0 to $20.0.
The unusual options activity indicates that a large investor or institution is taking a bullish stance on Vale. This could potentially drive the stock price up in the short term. The price target for Vale over the last 3 months has been between $10.0 to $20.0, indicating a potential upside.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100