Check Out What Whales Are Doing With VALE
Portfolio Pulse from Benzinga Insights
Benzinga's options scanner detected over 12 options trades for Vale (NYSE:VALE) totaling $1,491,835. Whales have been targeting a price range from $12.0 to $17.0 for Vale over the last 3 months. The price of VALE is up 0.54% at $13.88. 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.
August 04, 2023 | 7:16 pm
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POSITIVE IMPACT
Vale's stock has seen significant options trading activity. The price target range set by whales is $12.0 to $17.0. Wolfe Research and RBC Capital have given outperform ratings with price targets of $17 and $15 respectively.
The news of significant options trading activity and the price target range set by whales indicates a high level of interest in Vale's stock. The outperform ratings given by Wolfe Research and RBC Capital further suggest a positive outlook for the stock. Therefore, the short-term impact on Vale's stock price is likely to be positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100