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Stock impact report

Vale S.A. (VALE) Gets Downgraded to Neutral from Buy by BofA, Here's Why [Yahoo! Finance]

VALE S.A. American Depositary Shares Each Representing one common share (VALE) 
Last vale s.a. american depositary shares each representing one common share earnings: 4/29 04:02 pm Check Earnings Report
US:NYSE Investor Relations: vale.com/en/investors/pages/default.aspx
Company Research Source: Yahoo! Finance
Vale S.A. (NYSE: VALE ) is one of the best cheap stocks under $50 to buy right now . Vale S.A. (NYSE:VALE) was downgraded to Neutral from Buy by BofA on February 26, with the firm adjusting the price target on the stock to $18 from $17. It told investors in a research note that it sees a “mismatch” with the shares up 35% year-to-date while iron ore prices are down 7%, adding that it expects limited upside in the shares from here, given the decline in iron ore prices and declines in steel demand. According to the firm, the stock is already priced in Vale's (NYSE:VALE) near-term potential. Is Vale S.A. (VALE) the Worst Performing Large Cap Stock to Buy According to Analysts? In another development, Freedom Capital lifted the price target on Vale S.A. (NYSE:VALE) to $14.10 from $12 on February 20 and maintained a Hold rating on the shares. The firm told investors that it anticipates copper prices to continue to trend higher, with a demand for refined copper supported by long-term st Show less Read more
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