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Analysts’ Top Materials Picks: Vale SA (VALE), Corteva (CTVA)

Tipranks - Thu Apr 16, 6:47AM CDT

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Vale SA (VALE) and Corteva (CTVA) with bullish sentiments.

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Vale SA (VALE)

BMO Capital analyst Alexander Pearce maintained a Buy rating on Vale SA on April 13 and set a price target of $18.00. The company’s shares closed last Tuesday at $17.68.

According to TipRanks.com, Pearce is ranked #973 out of 12179 analysts.

Vale SA has an analyst consensus of Moderate Buy, with a price target consensus of $17.71, representing a 1.2% upside. In a report issued on April 2, Bank of America Securities also upgraded the stock to Buy with a $19.00 price target.

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Corteva (CTVA)

Wells Fargo analyst Michael Sison maintained a Buy rating on Corteva today and set a price target of $85.00. The company’s shares closed last Tuesday at $82.95.

According to TipRanks.com, Sison is a 1-star analyst with an average return of -0.7% and a 44.0% success rate. Sison covers the Basic Materials sector, focusing on stocks such as International Flavors & Fragrances, Air Products and Chemicals, and Sherwin-Williams Company. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Corteva with a $85.42 average price target, implying a 2.5% upside from current levels. In a report released yesterday, TipRanks – DeepSeek also upgraded the stock to Buy with a $92.00 price target.

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