Eight analysts rate VALE as Strong Buy, eight as Buy, five a...
Eight analysts rate VALE as Strong Buy, eight as Buy, five as Hold, and one as Sell. SA contributor Zoltan Ban suggests a potential price drop could present a buying opportunity. Q3 results were decent, Q4 is expected to be better due to higher iron ore prices. A global economic slowdown could increase demand for infrastructure projects, driving up demand for steel and iron ore.
Vale Stock Set to Continue Its Red Spell for an Eighth Consecutive Session
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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