UBS Maintains Neutral on Vale, Raises Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Myles Allsop has maintained a Neutral rating on Vale (NYSE:VALE) and increased the price target from $14 to $15.

December 14, 2023 | 4:19 pm
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POSITIVE IMPACT
UBS has maintained a Neutral rating on Vale and raised the price target from $14 to $15.
The increase in price target by UBS suggests a positive outlook on Vale's future performance, which could lead to a short-term increase in the stock price. However, since the rating remains Neutral, the impact may be moderate as it does not indicate a strong buy or sell signal.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100