Vale (NYSE:VALE) Coverage Initiated at CICC Research

Market Beat
2025.05.14 18:33
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CICC Research has initiated coverage on Vale (NYSE:VALE), issuing an "outperform" rating with a price target of $11.30, indicating an 18.26% potential upside from its previous close. Other analysts have varied opinions, with UBS lowering its target to $9.00 and Bank of America raising it to $11.50. Vale's stock recently traded at $9.56, with a market cap of $43.37 billion. The company reported earnings of $0.35 per share, missing estimates, and has a consensus rating of "Hold" with a target of $12.04.