In a report issued on July 8, Chris LaFemina from Jefferies maintained a Buy rating on Vale SA (VALE – Research Report), with a price target of $24.00. The company's shares closed last Wednesday at $13.52. According to TipRanks.com, LaFemina is a 3-star analyst with an average return of 2.0% and a 45.5% success rate. LaFemina covers the Basic Materials sector, focusing on stocks such as Fortescue Metals Group Ltd, First Quantum Minerals, and Peabody Energy Comm. Vale SA has an analyst consensus of Moderate Buy, with a price target consensus of $18.43, implying a 37.4% upside from current levels.
https://www.tipranks.com/news/blurbs/jefferies-sticks-to-their-buy-rating-for-vale-sa-vale?utm_source=advfn.com&utm_medium=referral
Vale (NYSE:VALE)
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Vale (NYSE:VALE)
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