Vale S.A. (VALE) Upgraded to Outperform Amid Simandou Project Disruption Impact

Vale S.A. (NYSE:VALE) ranks among the best stocks under $25 to buy now. On December 10, RBC Capital raised Vale S.A. (NYSE:VALE) from Sector Perform to Outperform, lifting its price target to $14.20 from $11. The increase comes after RBC increased its 2026-2029 iron ore price estimates by 13% due to a projected disruption in the Simandou project schedule, establishing Vale as a “clear winner” in the industry. RBC predicts Vale’s dividend yield for fiscal year 2026 to be around 9%, more than doubling the ...