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HSBC Downgrades Vale S.A. (VALE) to Neutral

January 8, 2013 7:54 AM EST
Get Alerts VALE Hot Sheet
Price: $14.47 +1.05%

Rating Summary:
    11 Buy, 15 Hold, 2 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 12 | Down: 17 | New: 6
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HSBC downgraded Vale S.A. (NYSE: VALE) from Overweight to Neutral with a price target of $23.00 (from $23.00).

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 $20.68 yesterday.


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