RBC Capital Reiterates Outperform on Vale, Maintains $19 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Marina Calero reiterated an Outperform rating on Vale (NYSE:VALE) and maintained a $19 price target.
February 12, 2024 | 4:08 pm
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POSITIVE IMPACT
RBC Capital maintains an Outperform rating and a $19 price target on Vale.
The reiteration of an Outperform rating and maintenance of a $19 price target by a reputable analyst like Marina Calero from RBC Capital is likely to instill confidence among investors about Vale's future prospects. This positive outlook could lead to an increase in investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90