Base Metals

Goldman Gives Vale $44 Target On Tight Iron Ore Supply

Base Metals

Forbes reports Goldman Sachs increased its price target on shares of Vale (NYSE:VALE) to $44.

Forbes reports Goldman Sachs increased its price target on shares of Vale (NYSE:VALE) to $44.

The market news is quoted as saying,

This morning, Goldman Sachs increased its price target on shares of Vale to $44 as global supply issues with iron ore should help prices. With the higher price target, Goldman increased its EPS estimates and maintained its buy rating.

For the complete market news, click here.

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