Barclays Raises PT on Vale S.A. (VALE) from $12.75 to $13; Maintains 'Overweight' Rating

Vale S.A. (NYSE:VALE) has attracted significant hedge fund interest, making it one of the 11 Best Mineral Stocks to Buy According to Hedge Funds.

On July 2, 2025, Barclays increased its price target on Vale S.A. (NYSE:VALE) from $12.75 to $13, maintaining an ‘Overweight’ rating. The analyst’s optimism stems from favorable market conditions for miners, marked by potential price increases for copper, stable iron ore market, and a weakening U.S. dollar.

Meanwhile, expectations of interest rate cuts beginning September 2025 further drove the analyst’s optimism. Based on CME FedWatch data, a 78% probability was set for a 25-basis-point cut in July 2025, which has yet to materialize. At the same time, with the same probability, a 75-basis-point cut is expected for the calendar year.

With its Iron Solutions segment, Vale S.A. (NYSE:VALE) is engaged in the production and sale of iron ore and iron ore pellets. Meanwhile, its Energy Transition Materials segment is engaged in the production of nickel and its by-products. It is included in our list of the Best Material Stocks.

While we acknowledge the potential of VALE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.