Where is Vale S.A. (VALE) Headed According to Analysts?

Vale S.A. (NYSE:VALE) is one of the best affordable stocks under $30. Barclays lifted the price target on Vale S.A. (NYSE:VALE) to $15.50 from $14.50 on January 8 and reiterated an Overweight rating, telling investors that it is “constructive” on the European miners while seeing upside risks for copper and precious metals in a backdrop expecting a Federal Reserve easing cycle. The same day, Scotiabank downgraded Vale S.A. (NYSE:VALE) to Sector Perform from Outperform and set a $15 price target. Is Vale S. ...