Vale S.A. (NYSE: VALE) was upgraded by analysts at UBS Group AG from a "neutral" rating to a "buy" rating. They now have a $15.00 price target on the stock, up previously from $13.00.
Brazil Rejects Vale-BHP's Offer in 2015 Deadly Dam Collapse [Financial Post (Toronto, Ontario, Canada)]
Brazil Wants Next Vale CEO to Be Closer to Government [Financial Post (Toronto, Ontario, Canada)]
Manara Minerals acquires 10% of Vale Base Metals for $2.5 bln [Seeking Alpha]
Vale announces completion of strategic partnership agreement with Manara Minerals