This Is What Whales Are Betting On Vale
Portfolio Pulse from Benzinga Insights
A large investor has taken a bullish stance on Vale (NYSE:VALE), with 72% of big-money traders also bullish. The investor's target price range for Vale is between $12.0 and $15.0. The price of VALE is currently up 4.2% at $14.28. JP Morgan has maintained their Overweight rating on Vale, with a price target of $18.
September 14, 2023 | 2:17 pm
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POSITIVE IMPACT
A large investor has taken a bullish stance on Vale, indicating potential positive movement. JP Morgan's Overweight rating also suggests positive outlook.
The bullish stance taken by a large investor, along with the Overweight rating from JP Morgan, suggests a positive outlook for Vale. This could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100