Vale falls 3.23% on Brazil election results and lowered price target
VALE Vale SA ADR
$11.58 -3.26%
View chart & analysis → - 1Vale closed at $12.00, down 3.23%.
- 2UBS lowered its price target for Vale from $15.00 to $14.50 late last week.
- 3Vale's trading volume reached 92.9 million shares, a 207% increase compared to the 3-month average.
So what's the key point?
Vale's stock price fell 3.23% with much higher trading volume than usual. This happened because experts lowered the price they expect the stock to reach.
Source The Motley Fool +1 · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.