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Alfonso Salazar Downgraded (VALE) to Hold and Decreased Target to $16 on, Jun 28th, 2023

Alfonso Salazar of Scotiabank, Downgraded "Vale S.A." (VALE) to Hold and Decreased Target from $20 to $16 on, Jun 28th, 2023.

Alfonso has made no other calls on VALE in the last 4 months.

There are 2 other peers that have a rating on VALE. Out of the 2 peers that are also analyzing VALE, 0 agree with Alfonso's Rating of Hold.

These are the ratings of the 2 analyists that currently disagree with Alfonso

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• Carlos De Alba of "Morgan Stanley" Maintained at Buy with Decreased Target to $17 on, Thursday, June 22nd, 2023
• Tyler Broda of "RBC Capital" Upgraded from Hold to Buy and Increased Target to $15 on, Tuesday, June 6th, 2023