By: Benzinga
Morgan Stanley Says Buy the Dip in Vale Over the Near Term, Reiterates Equalweight, $23.40 Target
Morgan Stanley reiterated an Equalweight rating and $23.40 price target on shares of Brazil's Vale (NYSE: VALE ) Thursday morning following news the Supreme Court of Brazil has delayed a ruling which could exempt the company from making a $15+ billion tax payment. The firm said weakness in Vale shares
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