JP Morgan Maintains Overweight on Vale, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Rodolfo Angele maintains an Overweight rating on Vale (NYSE:VALE) and raises the price target from $16 to $18.
September 14, 2023 | 12:54 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
JP Morgan maintains an Overweight rating on Vale and raises the price target from $16 to $18, indicating a positive outlook for the company.
The raised price target by JP Morgan indicates a positive outlook for Vale. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100