Scotiabank Raises Price Target on Vale (VALE) Following Copper Growth Inclusion

On May 27, 2026, Scotiabank analyst Alfonso Salazar raised the price target for Vale S.A. (NYSE: VALE) to $18 from $16.50 and maintained a Sector Perform rating. The adjustment followed an updated valuation model incorporating copper growth after Vale published its Base Metals Asset Handbook.

By Jeff Lewis Fri, June 5, 2026 at 8:28 PM GMT+3 2 min read · Yahoo Finance · June 5, 2026, 17:28 UTC

Scotiabank Raises Price Target on Vale (VALE) Following Copper Growth Inclusion

Tickers: $VALE

Topics: Copper Growth Iron Ore Production JPMorgan Scotiabank Vale

Read the full article at Yahoo Finance

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