Analysts Highlight Vale’s (VALE) Product Flexibility and Long-Term Strategy After Mine Visits
Vale S.A. (NYSE:VALE) ranks among the best cheap rising stocks to invest in now. On September 16, Scotiabank raised Vale S.A. (NYSE:VALE) from Sector Perform to Sector Outperform, with a $14 price target. The upgrade comes after Scotiabank recently visited Vale’s Brucutu and Capanema mines, where presentations and conversations with management revealed the company’s long-term strategy. Pixabay/Public Domain Scotiabank emphasized Vale’s capacity to expand its iron ore sales besides China while retaining ...