VALE Vale SA

Jefferies analyst Chris LaFemina maintained a Buy rating on Vale SA (VALE - Research Report) yesterday and set a price target of $20.00. The company's shares closed yesterday at $16.17.LaFemina covers the Basic Materials sector, focusing on stocks such as Freeport-McMoRan, Teck Resources, and Vale SA. According to TipRanks, LaFemina has an average return of 5.8% and a 51.63% success rate on recommended stocks. Vale SA has an analyst consensus of Strong Buy, with a price target consensus of $17.50, representing an 8.23% upside. In a report released on December 1, RBC Capital also maintained a Buy rating on the stock with a $16.00 price target.
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