Brokers Suggest Investing in VALE (VALE): Read This Before Placing a Bet

Let's take a look at what these Wall Street heavyweights have to say about VALE S.A. (VALE) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Of the 13 recommendations that derive the current ABR, eight are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 61.5% and 7.7% of all recommendations. Check price target & stock forecast for VALE here>>> Do you wonder why? As a result of the vested interest of brokerage firms in a stock they c ...