Petrobras doubles in 2026 on oil rally; Vale lags on iron ore weakness
Published 10 h ago2 sourcesEvidence: Reported
UBS BB reduced its target price for Vale (VALE3), citing risks of production disappointment and persistent iron ore price pressure from rising global supply. The bank warns it is too early to call an end to the stock's decline, reflecting a cautious outlook for the miner amid a softer commodity environment.
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