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UPDATE: Barclays Initiates Coverage on Vale SA on Unattractive Investment Proposition
Friday, October 4, 2013 - 11:35am | 140In a report published Friday, Barclays Capital analyst Amos Fletcher initiated coverage on Vale SA (NYSE: VALE) with an Underweight rating and $13.00 price target. In the report, Barclays Capital noted, “We initiate coverage of the world's biggest iron ore producer, Vale, with an Underweight...