The Vetr community on Wednesday upgraded VALE S.A. American VALE from 3.5 stars (Buy) to 4.5 stars (Strong Buy). Crowd sentiment on the stock today is optimistic, with 60 percent of users giving the stock a Buy rating, 20 percent a Hold and 20 percent a Sell.
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At time of publication, Vale shares were trading up 3.1 percent at $12.84. The Vetr crowd is bullish on the stock in the long run, with an aggregated price target of $13.81 implying 8.1 percent upside.
This bullish outlook was echoed by analysts. Among analysts, the 12-month consensus price target on the stock is at $14.50, implying strong upside.
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