Vale SA: Strong Q3 Performance and Positive Outlook Drive Buy Rating
BofA Securities Maintains Vale SA(VALE.US) With Hold Rating, Raises Target Price to $13.5
Vale SA Achieves Record Iron Ore Output in Q3
Neutral Outlook for Vale SA Amid Record Production but Fair Valuation and Market Constraints
VALE.US(Q3) iron ore production increased by 5.5% year-on-year, reaching a new high in nearly six years.
Vale SA reported on Tuesday that its iron ore production in the third quarter increased by 5.5% year-on-year, reaching the highest level in nearly six years.
Barclays Maintains Vale SA(VALE.US) With Buy Rating, Cuts Target Price to $16