BofA Upgrades Vale to Buy with Higher Price Target
ByAinvest
Thursday, Apr 2, 2026 2:59 pm ET1min read
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Vale's shares rose 0.7% on Thursday after Bank of America upgraded them to Buy from Neutral with a $19 price target, up from $18. The upgrade was driven by higher long-term copper production and a more positive scenario for iron ore prices, which are currently not reflected in the company's share price.
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