Jefferies Upgrades Vale S.A. (VALE) to Buy

Jefferies analyst Christopher LeFemina upgraded Vale S.A. (NYSE: VALE) from Hold to Buy with a price target of $16.00 (from $13.00).

For an analyst ratings summary and ratings history on Vale S.A. click here. For more ratings news on Vale S.A. click here.

Shares of Vale S.A. closed at $12.30 yesterday.

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